5 Oak Street, Royal Oak, Auckland

Nestled on a serene cul-de-sac in the coveted Royal Oak neighborhood, this charming 3-bedroom, 1-carpark bungalow on cross-lease title boasts a roof of iron and walls of wood, constructed in the year 1920. The property presents an average condition both inside and out, with a floor area of 120 square meters. Ignore the high CV of $1,750,000 as of June 2021, for this home holds a potential that exceeds its numerical value. The CV has seen a rapid increase of 38.89% since July 2017, reflecting the property's growing appeal.

With a HouGarden AVM of $1,625,000, and recent sale history of $1,230,000 in 2016 and $1,000,000 in 2015, this residence is not just a home but a sound investment. The kitchen, though needing modernization, is bathed in natural light and overlooks the tranquil backyard. The spacious layout includes an open-plan living and dining area that extends to a deck, perfect for family gatherings.

Education is a priority here, with the property falling within the zones of highly esteemed schools. Baradene College, a secondary school with a decile rating of 9, Royal Oak School at decile 8, Royal Oak Intermediate at decile 2, and Onehunga High School at decile 3 are all within reach. This home is not just a place to live, but an opportunity to invest in a promising future.

Updated on June 24, 2024