Nestled in the serene cul-de-sac of Grotto Street, Onehunga, Auckland, this charming residential unit boasts 2 bedrooms, 1 bathroom, and a functional layout across 53 square meters. Constructed in 1970 with brick walls and tiled roofing, the property is on cross-lease title and offers an average condition both inside and out. The capital value has seen a rapid increase of 36.21% from $580,000 in 2017 to $790,000 as of June 2021. The HouGarden AVM estimates it at $735,000, while the latest sales were at $585,000 in 2018 and $398,000 in 2013.
With a prime location within a sought-after school zone, the property is close to Baradene College (decile 9), Royal Oak Intermediate School (decile 2), Onehunga High School (decile 3), and Te Papapa School (decile 2). This makes it an ideal investment for families with educational priorities. The residence features a private deck, a modern kitchen, and a new double glazed sliding door, enhancing both comfort and energy efficiency.
Whether you're a first-home buyer or a shrewd investor, this property's convenient single-level living, coupled with its increasing capital value and excellent school network, presents a golden opportunity. Don't miss the chance to make this your sanctuary amidst the bustling heart of Onehunga.
Updated on May 17, 2024