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1/22 Margaret Place, Milford, Auckland - North Shore, 2 Bedrooms, 1 Bathrooms, Unit

Sold: $1,100,000

Sold on 2024 Year 2024 Month 08 Day 16

1/22 Margaret Place, Milford, Auckland - North Shore

2
1
90m2

Nestled in the esteemed Milford, this charming residence at 1/22 Margaret Place boasts a desirable blend of classic brick and tile construction, set on a level contour with a well-maintained exterior. The 1966-built property offers 2 bedrooms, 1 bathroom, a single carpark, and a floor area of 90 square meters under a Cross-Lease title, free from Body Corp fees. The roof, tiled to perfection, and the brick walls present a picture of solid construction, both in good condition. The capital value has seen a substantial increase of 25% from $800,000 in 2017 to $1,000,000 as of June 2021, with the HouGarden AVM estimating an even higher value of $1,005,000. The latest sale history is a testament to its growth, jumping from $540,000 in 2014 to $1,100,000 in August 2024.

For families seeking top-notch education, this property is zoned for the highly rated Westlake Boys' and Girls' High Schools, both decile 9, as well as Forrest Hill School, a decile 8 contributing school, and Takapuna Normal Intermediate, a decile 9 intermediate school. The combination of a heat pump for comfort, open plan living, a modern kitchen, renovated bathroom, and the convenience of being within walking distance to Smales Farm and North Shore Hospital makes this an ideal starting point for first-time buyers or a smart investment for the savvy.

Located in a quiet cul-de-sac, this Milford gem is not just a home but a wise investment in a prime location, with easy motorway access and the double Westlake school zone being the cherry on top. Don't miss the opportunity to secure this property, as the vendors have clear intentions to sell.

Updated on October 02, 2024

Council Data

Last update : 2025 01 15
Improvement value$100,000Reduced by -9% from year 2017
Land value$900,000Increased by 30% from year 2017
CV(Year 2021 Month 06)$1,000,000Increased by 25% from year 2017
View typeNo appreciable view
ContourLevel
Floor area90m²
Decade of construction1966
TitleNA10A/588
Type of titleCross-Lease
Legal description1/3 SH LOT 22 DP 50687-FLAT 1 DP 57543
CouncilAuckland - North Shore
Estate descriptionFSIM,1/3,LOT 22 DEPOSITED PLAN 50687,1120m2
Council rates$2,644.22
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningResidential - Mixed Housing Suburban Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Westlake Boys High School
0.29 km
Secondary
9-15
Government
Single Sex-Boys
EQI: 399
9
Forrest Hill School
0.44 km
Primary
1-6
Government
Co-Educational
EQI: 375
8
Westlake Girls' High School
0.64 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 404
9
Takapuna Normal Intermediate
1.20 km
Secondary
7-8
Government
Co-Educational
EQI: 381
9

Property history

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For developers

Unitary plan:Residential - Mixed Housing Suburban Zone
Land:-
Title:Cross-Lease

Surrounding facilities

Margaret Place Neighborhood and Surrounding Data

Suburbs

Data analysis - Milford properties data
Milford property trend
Year
Median price
Growth
Sales count
2024
$932,500
1.9%
30
2023
$915,000
-7.9%
19
2022
$994,000
-15.3%
24
2021
$1,173,586
14.5%
34
2020
$1,025,000
21%
39
2019
$847,000
6.2%
50
2018
$797,500
-3.3%
44
2017
$825,000
-2.5%
32
2016
$846,500
6.7%
34
2015
$793,500
21.1%
42
2014
$655,000
-
44

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
2/22 Belmont Terrace, Milford
0.14 km
2
1
120m2
Year 2024 Month 11 Day 27
-
Council approved
1/26 Quebec Road, Milford
0.16 km
3
1
100m2
Year 2024 Month 11 Day 11
-
Council approved
3D Margaret Place, Milford
0.07 km
4
2
163m2
Year 2024 Month 10 Day 20
-
Council approved
2/11 Nile Road, Milford
0.25 km
3
2
0m2
Year 2024 Month 08 Day 01
$1,255,000
Council approved
3C Margaret Place, Milford
0.07 km
4
2
-m2
Year 2024 Month 07 Day 30
-
Council approved

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