3/121a Selwyn Street, Onehunga, Auckland

Nestled discreetly at 3/121a Selwyn Street, Onehunga, Auckland, this solid 2-bedroom, 1-bathroom unit with a private courtyard is a prime offering for investors, renovators, and first-home buyers. Constructed in 1960 with a brick exterior and iron roof, both in good condition, this residential unit on a level contour is a perfect blend of privacy and convenience. The property, with a floor area of 56 square meters and a Unit Title ownership, is located in a quiet cul-de-sac, just a 5-minute walk to Onehunga Mall. Historically, the capital value has shown a 20% increase from $450,000 in 2017 to $540,000 as of June 2021, with the HouGarden AVM estimating it at $520,000. Notably, the latest sale was in 2008 for $204,632, indicating significant appreciation. The property falls within the decile 9 Baradene College zone, along with Royal Oak Intermediate School (decile 2), Onehunga High School (decile 3), and Onehunga Primary School (decile 4), making it an attractive option for families.

For those seeking a high-capital gain opportunity, this unit presents a golden chance to add value and reap the rewards in a suburb known for its growth. Don't miss the final open homes and the auction scheduled for 23 October 2024.

Updated on October 23, 2024