Nestled in the serene Ngake Street of Orakei, Auckland, this thoughtfully designed 3-bedroom, 2-carpark residence is a perfect blend of modern functionality and timeless style. Constructed in 1940 with Roughcast walls and a Malthoid roof, both in good condition, this Cross-Lease property offers an expansive floor area of 182 square meters. The property's Capital Value (CV) has seen a remarkable increase from $1,320,000 in 2017 to $1,675,000 as of June 2021, reflecting a growth rate of 26.89%. The HouGarden AVM estimates the property's value at $1,424,500, while the latest sale history includes transactions at $638,000 in 2008 and $363,500 in 1995.
With a property contour that offers an easy to moderate fall, this home not only boasts tranquility but also a stunning view. It is located within the decile 9 Baradene College zone and the decile 4 Orakei School and Selwyn College zones, ensuring top-notch education opportunities. The residence presents an open-plan dining area that leads to two living zones and outdoor entertainment areas, where one can enjoy the ever-changing ocean views or the meticulously maintained gardens.
Here, you're not just buying a home; you're investing in a lifestyle. Steps away from the Eastridge Shopping Centre, Orakei Bay Village, and with easy access to Remuera and the city centre, this property offers urban convenience with a coastal calm that is second to none.
Updated on April 29, 2024