Nestled in the tranquil cul-de-sac of Grande Vue Road, Hillpark, Auckland, this 2-bedroom, 1-bathroom residential unit with a single carpark presents an enticing opportunity. Constructed in 1975 with brick walls and tiled roofing, this cross-lease property sits on a level contour with an average wall and roof condition. The 88sqm floor area is a cozy haven that has seen a significant jump in its capital value from $540,000 in 2017 to $670,000 as of June 2021, indicating a growth rate of 24.07%. The latest sales history showcases a sale price of $596,000 in 2024 and $490,000 in 2018, while the HouGarden AVM estimates the property at $675,000.
For families with school-aged children, the property falls within the highly sought-after school zones of Hillpark School (Decile 4) and Manurewa High School (Decile 1). This is an ideal setting for both educational development and long-term investment.
With such a promising CV increase and a prime location, this property is a golden chance for first home buyers or investors looking to make their mark in the property market.
Updated on October 02, 2024