Welcome to 2/12 Ellice Road, a charming residence nestled in a peaceful cul-de-sac of Totara Vale, Auckland. This 1973-built, 2-bedroom, 1-bathroom unit with a single carpark is a freehold property with a cross-lease title. The solid brick exterior and tiled roof contribute to its average condition, providing a low-maintenance haven. Inside, the 80sqm floor area is thoughtfully arranged for modern living, with all essential spaces conveniently located on one level.
Since 2017, the property's Capital Value has seen a remarkable increase of 35%, reaching $810,000 as of June 2021. HouGarden's AVM estimates the property at $790,000, while the latest sale in 2016 was for $590,000. This growth trajectory is an attractive prospect for investors and homeowners alike.
For families, the property falls within the zones of Wairau Intermediate School, Target Road School, and Glenfield Intermediate School, all reputable institutions with decile ratings of 7 and 6. This makes it an ideal choice for those seeking quality education for their children.
Updated on August 30, 2024