Nestled in the serene Greenlane, Auckland, this charming property at 53 Te Kawa Road boasts a 4-bedroom and 2-bathroom layout, perched on a site with an easy/moderate fall contour. Constructed in the 1930s with concrete walls and an iron roof, both in good condition, this cross-leasehold home exudes a timeless appeal. The capital value has seen a rapid increase from $1,350,000 in 2017 to $1,750,000 as of June 2021, reflecting a growth of nearly 30%. The latest sale history points to a transaction of $1,290,000 in November 2022, following a sale of $945,000 in July 2015. HouGarden AVM estimates the property's worth at $1,404,500, making it an attractive investment.
For families with school-aged children, the property falls within the zones of Baradene College (decile 9), Remuera Intermediate (decile 8), Oranga School (decile 3), and One Tree Hill College (decile 3), ensuring access to quality education. The location and school zones add significant value to this already desirable property.
With its prime address and increasing capital value, this property is not only a haven for residents but also a wise investment for the future.
Updated on June 06, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.23 km | 3 | 1 | 0m2 | Year 2024 Month 11 Day 20 | - | Council approved | |
 | 0.05 km | 2 | 1 | 0m2 | Year 2024 Month 10 Day 23 | $1,060,000 | Council approved | |
 | 0.10 km | 3 | 2 | -m2 | Year 2024 Month 08 Day 01 | $1,196,000 | Council approved | |
 | 0.12 km | 4 | 2 | 0m2 | Year 2024 Month 07 Day 01 | $1,900,000 | Council approved | |
 | 0.04 km | 2 | 1 | 98m2 | Year 2024 Month 07 Day 01 | $1,783,000 | Council approved |