17 Palm Road, Palm Beach, Auckland

Nestled in the serene locale of 17 Palm Road, Palm Beach, Auckland - City, this charming residential dwelling boasts 2 bedrooms, 1 bathroom, and spans across a floor area of 65 square meters on a generous land area of 819 square meters. The property, constructed in 1960, features fibrous cement walls and an iron roof, both in average condition, and is perched on a steep fall contour. Emphasizing its allure is the freehold ownership type, ensuring buyers have complete control over their investment.

Over the years, the property has seen a significant appreciation in value, with the capital value escalating from $770,000 in July 2017 to $1,060,000 by June 2021, marking a robust growth of approximately 37.66%. This upward trajectory is further evidenced by the latest sale price of $1,225,000 in February 2024, substantially higher than the HouGarden AVM of $1,015,000, showcasing the property's desirability and investment potential.

The property falls within the zone of Waiheke Primary School, a full primary institution with a decile rating of 7, indicating a high level of educational quality. This feature adds to the property's appeal for families seeking a conducive learning environment for their children.

Updated on April 04, 2024.