Nestled in the serene environment of 5/25 Aranui Road, Mount Wellington, Auckland, this ownership home unit boasts a practical layout with one bedroom and one bathroom. Constructed in 1974 with brick walls and tiled roofing, the property sits on a level contour with an average condition for both walls and roof. It offers a comfortable living space of 60 square meters, and while it currently lacks a carpark, it compensates with exclusive outdoor areas and an easy-care lifestyle. This unit presents a solid investment opportunity with a 36.73% increase in Capital Value from $490,000 in 2017 to $670,000 as of 2021, closely mirroring the HouGarden AVM estimate of $665,000. The latest sale in 2024 was at $500,000, indicating a property with potential for further growth.
For families, the property falls within the zones of Baradene College, a secondary school with a decile rating of 9, One Tree Hill College with a decile rating of 3, and Sylvia Park School, a full primary school with a decile rating of 2. These educational institutions provide a range of options for children of different ages.
Whether you're looking for a first home, an investment, or a city fringe bolt hole, this property is a gem waiting to be polished. Its convenient location, just a short level walk to Sylvia Park, further enhances its appeal. Don't miss the chance to view this property and visualize its potential.
Updated on November 27, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.15 km | 3 | 1 | -m2 | Year 2024 Month 12 Day 01 | $910,000 | Council approved | |
 | 0.05 km | 2 | 1 | -m2 | Year 2024 Month 10 Day 01 | $558,000 | Council approved | |
0.23 km | 3 | 130m2 | Year 2024 Month 09 Day 11 | $950,000 | Council approved | |||
 | 0.23 km | 5 | 3 | -m2 | Year 2024 Month 09 Day 01 | $1,600,000 | Council approved | |
 | 0.31 km | 4 | 135m2 | Year 2024 Month 07 Day 30 | $1,956,522 | Council approved |