Nestled in the serene Hillcrest, Auckland, this charming residence at 1/29 Velma Road offers a lifestyle of convenience and comfort. The 1982-built home boasts 2 bedrooms, 1 bathroom, and a single carpark, with a floor area of 60 square meters. It sits on a cross-lease title with a fibrous cement exterior and a tiled roof, both in good condition. The property enjoys an easy/moderate contour and a private, fully fenced yard, perfect for family gatherings or a quiet evening relaxation.
Since 2017, the property's Capital Value has seen a significant increase of 23.44%, reaching $790,000 as of June 2021. The HouGarden AVM estimates it at $770,000, while the latest sales history shows a promising trend with a sale in 2015 at $650,000 and another in 2013 at $416,500. This property is not just a home but a sound investment.
For families with children, the double Westlake school zone is a major draw, along with the contributing Marlborough School and Sunnybrae Normal School, both with a decile rating of 7. Other educational institutions in the area include Northcote Intermediate and College, and the highly rated Westlake Boys' and Girls' High Schools. This home is not just a haven but a stepping stone to quality education.
Updated on August 20, 2024