Positioned at 6 Tilden Avenue within the serene locale of Hillcrest, Auckland, this freehold property is a charming residential dwelling from the 1960s. Constructed with wood and iron, the home boasts three bedrooms, two carparks, and a generous floor area of 170sqm on a land area of 683sqm. The roof and walls are in good condition, making it an ideal canvas for developers or a tranquil retreat for renovators. The property's capital value has seen a significant increase from $1,300,000 in July 2017 to $1,800,000 as of June 2021, reflecting a growth rate of 38.46%. The latest sales were recorded at $1,310,000 in August 2015 and $875,000 in September 2013, while the HouGarden AVM estimates the property's worth at $1,454,500.
For families, the property falls within the zones of highly regarded schools. Willowpark School, a contributing school, boasts a decile rating of 9. Northcote Intermediate and Northcote College, with deciles 6 and 7 respectively, offer education from intermediate to secondary levels. This quiet cul-de-sac is not only an investor's delight but also a wise choice for families seeking quality education.
Whether you're looking to add value through renovation or explore development potential in a Mixed Housing Urban zone, this property presents a golden opportunity. Its convenient location, with easy motorway access and proximity to top schools, makes it a compelling investment.
Updated on May 22, 2024