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Sold: $815,000

Sold on 2024 Year 2024 Month 08 Day 22

507/2 Grahame Breed Drive, Three Kings, Auckland

1
1
65m2

Nestled in the heart of Three Kings, Auckland, this contemporary 1-bedroom, 1-bathroom apartment with a single carpark is a prime example of modern living. Constructed with mixed materials for the walls and an iron roof, this unit titled property at 507/2 Grahame Breed Drive is not only visually appealing but also boasts a good wall and roof condition. The 65 square meter floor area is set on a level contour, providing a spacious and comfortable living environment. As of June 2021, the Capital Value (CV) is $830,000, reflecting a promising investment in the residential apartment category.

With a HouGarden AVM of $835,000 and the latest sale recorded on August 22, 2024, at $815,000, this property has shown a consistent growth trajectory. The government's valuation history indicates a steady increase in the capital value, making it an attractive prospect for potential buyers.

For families with school-aged children, the property falls within the zones of highly regarded schools. Mt Roskill Grammar (Secondary, Decile 4) and Mt Roskill Intermediate (Decile 4) are in close proximity, while Three Kings School (Contributing, Decile 7) offers additional options for quality education.

Updated on October 02, 2024

Council Data

Last update : 2024 12 11
Improvement value$530,000
Land value$300,000
CV(Year 2021 Month 06)$830,000
View typeNo appreciable view
ContourLevel
Floor area65m²
Decade of construction2023
Title1018425
Type of titleUnit Title
Legal descriptionAU 507B DP 567735, PRIN 507 DP 567735
CouncilAuckland - City
Estate descriptionSTFH,1/1,PRINCIPAL UNIT 507 DEPOSITED PLAN 567735 AND ACCESSORY UNIT 507B DEPOSITED PLAN 567735
Council rates$2,221.59
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningResidential - Terrace Housing and Apartment Building Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Three Kings School
0.06 km
Primary
1-6
Government
Co-Educational
EQI: 377
7
Mt Roskill Grammar
1.21 km
Secondary
9-15
Government
Co-Educational
EQI: 443
4
Mt Roskill Intermediate
1.30 km
Secondary
7-8
Government
Co-Educational
EQI: 436
4

Property history

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For developers

Unitary plan:Residential - Terrace Housing and Apartment Building Zone
Land:-
Title:Unit Title

Surrounding facilities

Grahame Breed Drive Neighborhood and Surrounding Data

Suburbs

Data analysis - Three Kings properties data
Sales count(Last 12 months)
5View
Type: Unit
Sales median price(Last 12 months)
$660,000
Low: $315,000, High: $815,000
Rent median price(Last 12 months)
$535
Low: $240, High: $575
Three Kings property trend
Year
Median price
Growth
Sales count
2024
$660,000
5.1%
5
2023
$628,000
-0.3%
5
2022
$630,000
-19.2%
3
2021
$780,000
22.3%
2
2020
$638,000
10.3%
1
2019
$578,250
38%
3
2018
$419,000
-9.2%
5
2017
$461,250
22.7%
5
2016
$376,000
34.3%
3
2015
$280,000
11.1%
1
2014
$252,000
-
7

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.38 km
2
1
98m2
Year 2024 Month 09 Day 18
$1,199,000
Council approved
0.03 km
2
1
56m2
Year 2024 Month 09 Day 07
$653,000
Council approved
4 Pump House Lane, Three Kings
0.12 km
3
113m2
Year 2024 Month 08 Day 05
$1,490,000
Council approved
0.20 km
1
1
61m2
Year 2024 Month 08 Day 04
$645,000
Council approved
0.20 km
3
121m2
Year 2024 Month 06 Day 22
$1,400,000
Council approved

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