Nestled in the heart of St Johns, we present a fully renovated 2-bedroom, 1-bathroom home at 1/23 Swainston Road. Constructed in 1970 with a mix of materials for the walls and tiles for the roof, this cross-lease property sits on a level contour and offers a floor area of 66sqm. The capital value has seen a significant increase from $680,000 in 2017 to $890,000 as of June 2021, reflecting a growth of 31%. The HouGarden AVM estimates the property at $867,500, while the latest sale was recorded at $772,000 in August 2023. The property benefits from a prime location, with cafes and shops nearby, and boasts a vibrant community atmosphere. It's perfect for those seeking a convenient lifestyle with a touch of luxury, thanks to the entertainer's kitchen and the fully tiled bathroom. The property is within the Stonefields School zone, a full primary with a decile rating of 9, and the Selwyn College secondary school zone, rated decile 4. The Baradene College for girls is also in proximity, offering education from Year 7 to 15 and being rated a decile 9 institution.
With a keen eye for detail, the renovation has transformed this home into a warm and inviting space, complete with a deck that captures sea views, perfect for your morning coffee. The property is securely fenced with off-street parking, and with a rental potential of $610-685 per week, it's an attractive opportunity for investors.
Embrace the convenience of living in a sought-after school zone, where educational excellence is within reach. The combination of a rapidly appreciating capital value, a desirable location, and a meticulously renovated home makes this property a stand-out choice in the Auckland real estate market.
Updated on August 27, 2024