53 Rautara Street, Orakei, Auckland

This charming 1930s rendered brick duplex, located at 53 Rautara Street, Orakei, Auckland - City, offers a blend of character and modern living. With 2 bedrooms, 1 bathroom, and no carpark, this property spans a floor area of 80 sqm on a cross-lease title. The exterior boasts brick walls and tile roofing, both in average condition, reflecting its building age from the 1930s. The property sits on a level contour, making it accessible and appealing. Its prime location and the charm of its era, updated over the years, make it an attractive option for young professionals or couples seeking a cozy first home or a residential investment.

The property has seen a capital value increase of approximately 12.73% from $1,100,000 in July 2017 to $1,240,000 in June 2021, indicating a solid investment potential. The latest sale on January 12, 2024, was at $1,015,000, with a HouGarden AVM of $1,185,000, showcasing its desirability in the market. The property's capital value growth and recent sales history underscore its appeal and investment value in Auckland's competitive real estate market.

Located in a sought-after school zone, this property is zoned for Orakei School (decile 4), Baradene College (decile 9), and Selwyn College (decile 4), offering excellent educational options for families. Its proximity to amenities, parks, beaches, and shopping centers, coupled with the convenience of nearby bus routes to Newmarket and the CBD, makes it an ideal location for both lifestyle and educational opportunities.

Updated on April 06, 2024.