Nestled in the serene cul-de-sac of Shoreham Street, this 1978-built residential unit boasts a single bedroom and a bathroom, perfect for the starter homebuyer or investor. Constructed with fibrous cement walls and an iron roof, this cross-lease property offers a level contour and a cozy 44 square meters of floor area. The capital value has seen a significant increase from $385,000 in 2017 to $650,000 as of June 2021, reflecting a growth of 68.83%. This property is not just about the numbers; it's about the potential and the community it's in.
With a HouGarden AVM of $622,500, this property presents a compelling case for a wise investment. The recent sales history and rapid CV increase indicate a red-hot property market in the area. This is a chance to ride the wave of growth and secure a valuable asset in the heart of Avondale, Auckland.
For families with children, the educational opportunities are abundant. Avondale College, a secondary school with a decile rating of 4, is in the zone, along with Glenavon School, a full primary with a decile rating of 1, and New Windsor School, a contributing primary with a decile rating of 4. This address not only promises a comfortable living environment but also a bright future for the young ones.
Updated on May 01, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.21 km | 5 | 3 | 166m2 | Year 2024 Month 06 Day 13 | $1,010,000 | Council approved | |
 | 0.17 km | 4 | 2 | 0m2 | Year 2024 Month 04 Day 01 | - | Council approved | |
 | 0.23 km | 3 | 2 | 0m2 | Year 2024 Month 03 Day 01 | $940,000 | Council approved | |
 | 0.23 km | 4 | 2 | -m2 | Year 2024 Month 03 Day 01 | $990,000 | Council approved | |
 | 0.22 km | 3 | 1 | -m2 | Year 2024 Month 02 Day 01 | $918,000 | Council approved |