Nestled at 85 Namata Road, One Tree Hill, Auckland, this charming residential property boasts 2 bedrooms, 1 bathroom, and an expansive 89sqm floor area. Constructed in 1940 with brick walls and tiled roofing, it sits on a generous 641sqm freehold section with an easy/moderate rise contour. The property has seen a significant Capital Value (CV) increase from $940,000 in 2017 to $1,575,000 as of June 2021, reflecting a growth rate of 67.55%. The latest HouGarden AVM estimates the property at $1,465,000, while the last sale was recorded in 2013 at $647,500.
With a CV on the rise and a history of solid sale prices, this property presents a sound investment. The home features open-plan living, beautiful native timber floors, and views that span from Onehunga to the Manukau Harbour. It includes a north-facing deck, flat lawn, and a double garage perfect for storage or hobbies. The property is in the decile 9 Baradene College zone and close to Oranga School (decile 3) and Royal Oak Intermediate School (decile 2), making it an ideal family home.
Located in a sought-after area with easy access to motorways and public transport, this property is not just a home but a gateway to the best of Auckland living. Whether you seek your first home, a rental opportunity, or a site for future development, this property holds promise and potential.
Updated on June 28, 2024