Nestled on a cross-lease section in the tranquil locale of School Road, Wellsford, Auckland, this inviting 2-bedroom, 1-bathroom unit with a single carpark offers an ideal blend of comfort and convenience. Constructed in 1960 with fibrous cement walls and an iron roof, both in average condition, the property sits on a level contour, perfect for enjoying the serene environment. The home boasts a floor area of 60 square meters and is categorised as a Residential - Ownership home unit, making it an attractive prospect for investors or those seeking a peaceful retirement. The highlight is the expansive grounds, ideal for gardening enthusiasts and those who appreciate the sounds of children playing in the adjacent school.
As for financials, the property's Capital Value (CV) has seen a substantial increase from $310,000 in 2017 to $470,000 as of June 2021, reflecting a growth rate of 51.6%. The HouGarden AVM estimates the property's value at $437,500, while the latest sale records show transactions at $490,000 in June 2021 and $235,000 in July 2016. These figures indicate a promising investment opportunity with a steady appreciation in value.
For families with children, the property falls within the zones of Rodney College, a Secondary school with a decile rating of 4, and Wellsford School, a Full Primary with a decile rating of 3. This ensures access to quality education within the community.
Updated on July 04, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
6.72 km | 2 | 1 | 99m2 | Year 2024 Month 09 Day 09 | $730,000 | Council approved | ||
0.14 km | 2 | 1 | 99m2 | Year 2024 Month 09 Day 09 | $689,000 | Council approved | ||
0.14 km | 3 | 154m2 | Year 2024 Month 09 Day 04 | $829,000 | Council approved | |||
 | 0.47 km | 3 | 1 | -m2 | Year 2024 Month 08 Day 22 | - | Council approved | |
0.15 km | 3 | 141m2 | Year 2024 Month 07 Day 12 | $820,000 | Council approved |