12/53 Main Highway, Ellerslie, Auckland

Located at 12/53 Main Highway, Ellerslie, Auckland - City, this residential unit offers a blend of comfort and convenience within a vibrant community. The property, built in 1990, features 2 bedrooms and a floor area of 105 square meters. It is characterized by wood wall construction and iron roofing, both in good condition, and sits on a level contour with a Unit Title ownership type. Despite having no dedicated car parks, its strategic location and the quality of construction make it a desirable choice for homeowners and investors alike.

Over the years, the capital value of this property has shown significant growth. From a CV of $680,000 in July 2017, it increased to $900,000 by June 2021, marking a 32.35% rise. The latest HouGarden AVM estimates the property's value at $887,500. Its last sale was recorded on November 3, 2016, for $634,847, highlighting the property's appreciating value in a competitive market.

The property is zoned for several high-decile schools, ensuring quality education for residents. Baradene College, a Secondary (Year 7-15) school, and Ellerslie School, a Full Primary institution, both boast a decile rating of 9. One Tree Hill College, catering to Secondary (Year 9-15) students, has a decile rating of 3, offering diverse educational opportunities within close proximity.

Updated on March 22, 2024.