5a Pine Street, New Lynn, Auckland - Waitakere

Nestled in the serene cul-de-sac of Pine Street, New Lynn, Auckland, this freehold property is a charming residential dwelling. Constructed in 1996 with durable brick walls and tiled roofing, the house stands solid with a good condition both inside and out. It boasts 3 bedrooms, a spacious floor area of 140m2, and is set on a generous 562m2 plot of level land, complete with a 2-car park. The capital value has seen a significant increase from $975,000 in 2017 to $1,150,000 as of June 2021, reflecting a growth rate of 17.95%. The property also holds a HouGarden AVM of $1,102,500, and a sale history that includes a transaction at $439,000 in 2011 and $245,000 in 2001.

As for the government valuations, the consistent rise indicates a promising investment opportunity. The latest valuation of $1,150,000 is a testament to the property's appeal and potential. The quiet and convenient location is further enhanced by its proximity to amenities and the accessibility to public transportation.

For families with school-aged children, the property falls within the zones of several reputable schools. Kelston Intermediate has a decile rating of 2, while Kelston Boys' High School and Kelston School are rated 3. Kelston Girls' College, also a secondary school, holds a decile rating of 2. These educational institutions provide a solid foundation for the children's academic pursuits.

Updated on April 19, 2024