Nestled in the heart of Onehunga on a serene cul-de-sac, this well-built 2-bedroom, 1-bathroom residence with 2 car parks is a gem for both investors and first-time buyers. Constructed in 1970 with brick walls and tiled roofing, this cross-lease property offers an easy-care lifestyle with an impressive capital value growth of 43.10%. The CV has surged from $580,000 in 2017 to $830,000 as of June 2021. The home boasts a floor area of 62m2, a heat pump for comfort, and is in close proximity to various schools, parks, and shopping malls. The property is tenanted at $500 per week, and its HouGarden AVM is valued at $775,000, with a notable sales history in 2008 and 2012. Zoned for Onehunga Primary, Royal Oak Intermediate, and Onehunga High School, this home is perfect for families seeking top-notch education.
With a property contour that's level and a prime location, it's no surprise that this residence has seen a substantial increase in its government valuation. The latest sale records from 2012 and 2008 reflect a growing investment opportunity in this sought-after area.
For those with a keen eye for education, the property falls within the catchment area of highly regarded schools. Baradene College, a secondary school with a decile rating of 9, is one of the many educational highlights in the vicinity. This, coupled with the convenience of public transport and the tranquility of a quiet street, makes this property an unbeatable choice.
Updated on May 16, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.22 km | 2 | 1 | 58m2 | Year 2024 Month 11 Day 27 | - | Council approved | |
 | 0.25 km | 2 | 1 | 0m2 | Year 2024 Month 10 Day 31 | - | Council approved | |
0.05 km | 1 | 1 | 48m2 | Year 2024 Month 08 Day 07 | $460,000 | Council approved | ||
 | 0.14 km | 2 | 1 | -m2 | Year 2024 Month 08 Day 01 | $575,000 | Council approved | |
 | 0.25 km | 2 | 1 | -m2 | Year 2024 Month 07 Day 01 | $617,000 | Council approved |