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240/287 Onehunga Mall, Onehunga, Auckland, 3 Bedrooms, 0 Bathrooms, Townhouse

Sold: $750,000

Sold on 2024 Year 2024 Month 03 Day 01

240/287 Onehunga Mall, Onehunga, Auckland

3
113m2

Nestled in the serene cul-de-sac of Onehunga Mall, this 3-bedroom unit with a Unit Title offers a perfect blend of comfort and investment potential. Constructed in 2009 with robust concrete walls and an Iron roof, this 113m2 apartment boasts a floor area that's both warm and quiet. The property has seen a Capital Value (CV) increase of 20%, jumping from $625,000 in 2017 to the current $750,000 as of June 2021. The latest sale in March 2024 confirms the property's worth at $750,000, closely aligning with the HouGarden AVM estimate of $720,000.

For families, the property falls within the zones of several esteemed schools. Baradene College, a secondary school with a decile rating of 9, is one of the many highlights. Royal Oak Intermediate School, Onehunga High School, and Onehunga Primary School offer a range of educational options, catering to different age groups and academic needs.

Located in a complex that's a haven for both first-time buyers and investors, this property is not just a home but a sound investment. With the potential for rental income reaching up to $750 per week and a predominantly owner-occupied complex, it's a recipe for solid capital growth and long-term tenancy. The unbeatable location, just a stone's throw from public transport, shopping, and dining, makes this property a rare find in the Auckland real estate market.

Updated on April 10, 2024

Council Data

Last update : 2024 12 11
Improvement value$485,000Increased by 15% from year 2017
Land value$265,000Increased by 29% from year 2017
CV(Year 2021 Month 06)$750,000Increased by 20% from year 2017
DeckYes
View typeNo appreciable view
ContourLevel
Floor area113m²
Decade of construction2009
Title492179
Type of titleUnit Title
Legal descriptionAU 240 UP 367997, UNIT 240 DP 367997
CouncilAuckland - City
Estate descriptionSTFH,1/1,UNIT 240 DEPOSITED PLAN 367997 AND ACCESSORY UNIT 240 DEPOSITED PLAN 367997
Council rates$2,071.01
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningBusiness - Town Centre Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Onehunga Primary School
0.17 km
Primary
1-6
Government
Co-Educational
EQI: 418
4
Royal Oak Intermediate School
1.04 km
Secondary
7-8
Government
Co-Educational
EQI: 472
2
Onehunga High School
1.26 km
Secondary
9-15
Government
Co-Educational
EQI: 488
3
Baradene College
6.17 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 372
9

Property history

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For developers

Unitary plan:Business - Town Centre Zone
Land:-
Title:Unit Title

Onehunga Mall Neighborhood and Surrounding Data

Suburbs

Data analysis - Onehunga properties data
Onehunga property trend
Year
Median price
Growth
Sales count
2024
$762,500
-10.8%
10
2023
$855,000
23.1%
13
2022
$694,450
-18.3%
10
2021
$850,000
6.9%
21
2020
$795,000
13.1%
21
2019
$703,000
-3%
19
2018
$725,000
-4.9%
22
2017
$762,750
21.5%
29
2016
$627,750
23.1%
31
2015
$510,000
22.2%
23
2014
$417,500
-
12

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
232/287 Onehunga Mall, Onehunga
0.00 km
1
1
59m2
Year 2024 Month 10 Day 14
$435,000
Council approved
232/287 Onehunga Mall, Onehunga
0.00 km
1
1
59m2
Year 2024 Month 10 Day 01
-
Council approved
0.00 km
2
1
86m2
Year 2024 Month 08 Day 27
$525,000
Council approved
0.00 km
2
2
86m2
Year 2024 Month 07 Day 01
$540,000
Council approved
0.00 km
2
1
86m2
Year 2024 Month 06 Day 29
$540,000
Council approved

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