Nestled on a generous 1,012sqm section in the esteemed Summit Drive, this 4-bedroom family residence boasts a freehold title and a charming 1960s construction. The home features wood exterior walls and an iron roof, both in average condition, complemented by a floor area of 311sqm. It is a gem for those seeking a blend of classic elegance and modern convenience, with the potential for further value appreciation.
With a current Capital Value (CV) of $3,475,000 as of June 2021, this property has seen a remarkable increase of 29.66% since July 2017. The HouGarden AVM estimates the property's worth at $3,235,000, while the latest sales history shows a significant jump from $595,000 in 1999 to $1,070,000 in 2006. This is a clear indicator of the property's growing capital value and investment potential.
For families with school-aged children, this home is zoned for the highly regarded Gladstone School (Decile 9) and Mt Albert Grammar School (Decile 7), ensuring access to quality education. Additionally, Owairaka District School (Decile 3) and Kowhai Intermediate School (Decile 7) are within the catchment area. Set in a quiet cul-de-sac, this property offers a serene environment perfect for raising a family.
Updated on June 20, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.25 km | 4 | 2 | 202m2 | Year 2024 Month 06 Day 25 | $2,025,000 | Council approved | |
 | 0.30 km | 4 | 2 | -m2 | Year 2024 Month 04 Day 10 | $1,700,000 | Council approved | |
 | 0.35 km | 4 | 2 | -m2 | Year 2024 Month 03 Day 25 | $3,000,000 | Council approved | |
 | 0.26 km | 3 | 1 | -m2 | Year 2024 Month 03 Day 07 | $1,600,000 | Council approved | |
 | 0.24 km | 4 | 3 | 179m2 | Year 2024 Month 02 Day 28 | $2,625,000 | Council approved |