Nestled in the serene Ellen Avenue, a quiet cul-de-sac in Hillcrest, Auckland, this delightful one-bedroom unit exudes both comfort and convenience. Constructed in 1969 with robust brick walls and tiled roofing, the property stands firm with a good condition both inside and out. It offers an ownership type of Cross-Lease, covering an area of 80 square meters, complete with a single car park. The capital value has seen a significant increase, rising from $610,000 in 2017 to $760,000 as of June 2021, indicating a growth rate of 24.59%. The property is estimated at $705,000 by HouGarden AVM, with a notable sales history, last sold for $220,000 in 2006 and $170,000 in 2004.
With a CV increase that outpaces the market average, this property is not just a home but a sound investment. It's strategically located within the catchment area of esteemed schools, such as Westlake Girls' High School and Northcote College, both with a decile rating of 9. Additionally, it's in close proximity to Sunnybrae Normal School and Northcote Intermediate School, rating 7 and 6 respectively, making it an ideal choice for families with educational priorities.
Boasting a spacious lounge, a large kitchen, and the luxury of brand-new carpeting and flooring, this unit is perfect for singles, couples, or investors seeking a low-maintenance property in a prime location. Enjoy the ease of living without Body Corporate fees in an area that offers easy access to local amenities, public transport, and motorway ramps.
Updated on June 14, 2024