50a Te Kawa Road, Greenlane, Auckland

Step into modern bliss at 50A Te Kawa Road, Greenlane, Auckland - City, a contemporary residence that stands out with its double cladding, combining weatherboard and plaster for a durable and visually striking exterior. This 3-bedroom, 1-bathroom haven offers a sleek kitchen, chic bathroom, and an open living area leading to a sunlit deck with enchanting Rangitoto views. The property, built in 1950 with roughcast walls and an iron roof, spans 82 square meters on a cross-lease title. Its condition is average, yet it boasts an easy/moderate rise contour, making it a perfect space for relaxation and entertaining, especially for first home buyers, downsizers, or those seeking a lock-and-leave lifestyle.

From its initial government valuation (CV) of $1,075,000 in 2017 to $1,400,000 in 2021, the property has seen a capital value increase of approximately 30.23%, reflecting its growing appeal. The latest HouGarden AVM estimates its value at $1,342,500, while its most recent sale was for $1,230,000 in February 2024, up from $810,500 in May 2019. This trend underscores the property's solid investment potential and desirability in the market.

Located within excellent school zones, this property offers access to high-decile education options, including Baradene College (Decile 9), Remuera Intermediate (Decile 8), and lower-decile schools such as Oranga School and One Tree Hill College (both Decile 3), catering to a wide range of educational needs from intermediate to secondary levels. This blend of modern living, investment potential, and educational opportunities makes 50A Te Kawa Road an attractive option for a variety of buyers.

Updated on April 05, 2024.