Nestled in the coveted Spring Street of Onehunga, Auckland, this charming residential unit boasts a freehold cross-lease title. Constructed in 1960 with fibrous cement walls and an iron roof, the property presents an average condition both inside and out. It stands level on the contour, housing 2 bedrooms, a bathroom, and an open-plan living area, complemented by a modern kitchen. The 60 square meter floor area is designed for low maintenance living, with a spacious lounge that flows onto a private decking area, perfect for leisurely BBQs with loved ones. The absence of body corporate fees makes it an attractive option for first home buyers or investors.
As per the latest records, the property's Capital Value has shown a significant increase from $485,000 in July 2017 to $630,000 in June 2021, marking a growth of nearly 30%. The HouGarden AVM estimates the property's value at $587,500, while the most recent sale on December 8, 2021, was for $675,000, indicating a promising investment opportunity.
Educationally, the property falls within the zones of Baradene College (Decile 9), Royal Oak Intermediate School (Decile 2), Onehunga High School (Decile 3), and Onehunga Primary School (Decile 4), ensuring access to quality education for all ages. Located in a commuter's paradise with excellent transport links and proximity to shopping centers and motorways, this property is not to be missed.
Updated on May 18, 2024