Nestled in the serene cul-de-sac of Rawhiti Road, One Tree Hill, Auckland, this residential ownership home unit boasts 2 bedrooms, 1 bathroom, and a modest floor area of 74 square meters. Constructed in 1969 with durable brick walls and tiled roofing, the property is maintained in average condition with a good roof. It sits on a level contour, perfect for a flat-level walk to local amenities. The property is under a Cross-Lease title, and while the latest government capital value is $950,000 as of June 2021, the HouGarden AVM estimates it at $882,500. Notably, the CV has seen a 30.14% increase since July 2017.
With a history of two recent sales, the latest being in 2017 for $800,000 and another in 2014 for $675,500, this property presents a sound investment opportunity. However, the vendors are keen on a quick sale, and potential buyers are encouraged to act swiftly. The property's location is a significant draw, being within walking distance to shops, cafes, and public transport, with Cornwall Park and One Tree Hill Domain nearby.
For families with school-aged children, the property falls within the zones of Baradene College (decile 9), Remuera Intermediate (decile 8), Oranga School (decile 3), and One Tree Hill College (decile 3), offering a range of educational options. This combination of convenience, investment potential, and educational opportunities makes this property an attractive prospect.
Updated on July 10, 2024