Nestled in the serene cul-de-sac of Kohimarama Road, this charming 4-bedroom standalone home boasts a north-west aspect and all-day sun. Constructed with handsome cedar/weatherboard, it features a master bedroom with a private balcony, three bathrooms, and the luxury of two living spaces complemented by an in-ground swimming pool. The home enjoys an open-plan design, two decked living areas, and an outdoor fireplace for ultimate family enjoyment. It is equipped with a ducted HVAC system for heating and cooling. The double internal access garage offers ample storage, and the flexible positioning of two laundry rooms adds convenience. Situated close to the beach and Madills Farm, it falls within the highly sought-after school zones of Kohimarama School, Baradene College, and Selwyn College. With a current Capital Value (CV) of $2,125,000 (as of 2021), this property has seen a significant increase. The HouGarden AVM estimates it at $2,037,500, showcasing a promising investment opportunity.
Historically, the property has demonstrated a steady rise in CV, indicating a growth rate that is sure to catch the eye of investors. The recent sale history and rapid increase in capital value highlight the desirability of this property in the market. It is a cross-lease property, with rates set at $5,260.87 per annum for the 2023/2024 period. The floor area spans approximately 195sqm, while the land area is 1/2 share of 922sqm.
For families with school-aged children, the property is in the zone for top-rated schools. Kohimarama School is a Full Primary with a decile rating of 10, while Baradene College and Selwyn College are Secondary schools with decile ratings of 9 and 4 respectively, ensuring access to quality education.
Updated on April 18, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.19 km | 4 | 3 | -m2 | Year 2024 Month 12 Day 03 | $3,260,000 | Council approved | |
 | 0.12 km | 4 | 3 | 0m2 | Year 2024 Month 10 Day 28 | - | Council approved | |
 | 0.19 km | 5 | 2 | 0m2 | Year 2024 Month 09 Day 04 | $1,900,000 | Council approved | |
 | 0.15 km | 5 | 3 | 0m2 | Year 2024 Month 09 Day 01 | $2,250,000 | Council approved | |
 | 0.10 km | 4 | 2 | 346m2 | Year 2024 Month 06 Day 25 | $2,300,000 | Council approved |