3/68 Ruawai Road, Mount Wellington, Auckland

Nestled in the tranquility of a quiet cul-de-sac at 3/68 Ruawai Road, Mount Wellington, this 1970-built residential unit boasts 2 bedrooms, 1 bathroom, and an open-plan living area bathed in sunlight. The brick exterior and tiled roof contribute to its low-maintenance appeal, while the average condition of both walls and roof promise years of comfortable living. As a cross-lease property, it offers an ownership type that is both unique and sought after. The government's capital value has seen a significant increase from $500,000 in 2017 to $690,000 in 2021, reflecting a growth rate of 38%. The HouGarden AVM estimates the property's worth at $685,000, closely aligning with the latest sale history of $546,500 in 2017 and $390,000 in 2014.

With a prime location comes the added benefit of being within the zones of esteemed educational institutions. Baradene College, a secondary school with a decile rating of 9, One Tree Hill College with a rating of 3, Bailey Road School, and Sylvia Park School, both full primary schools, are within reach. This not only adds to the convenience but also enhances the property's value, making it an attractive prospect for families and investors alike.

Whether you seek a starter home, a city-side retreat, or a sound investment, this property is a hidden gem waiting to be discovered. The vendor's relocation has created a rare opportunity to secure this charming home before the anticipated price rise in 2025. Embrace the chance to start your new chapter in this peaceful haven, where indoor and outdoor living blend seamlessly.

Updated on November 29, 2024