1/17a Kawau Road, Greenlane, Auckland

Located at 1/17a Kawau Road, Greenlane, Auckland - City, this residential property is a gem for those looking to make their mark on the property ladder. Featuring 2 bedrooms, 1 bathroom, and no carpark, this home spans a floor area of 60m². Constructed in 1950, the building boasts brick walls in average condition and an iron roof, also in average condition. The property, part of a block of 4 units under a Cross-Lease ownership type, sits on a level contour with no specified land area, eliminating the need for body corporate fees. Its prime location and the potential for personalization make it an attractive option for first-time buyers or investors seeking to expand their portfolio.

Over the years, the capital value of this property has seen significant growth, from $580,000 in July 2017 to $770,000 in June 2021, marking a 32.76% increase. The HouGarden AVM estimates its value at $760,000. The property has a history of strong sales, with the latest transactions recorded at $557,000 in August 2018 and $283,000 in March 2012. This demonstrates the property's consistent appeal and investment potential in the market.

The property is zoned for several reputable schools, enhancing its appeal for families. These include Baradene College (Secondary, Year 7-15, decile 9), Remuera Intermediate (Intermediate, decile 8), Oranga School (Contributing, decile 3), and One Tree Hill College (Secondary, Year 9-15, decile 3). The high decile ratings of some of these schools reflect the quality of education available in the area, making it a desirable location for families prioritizing educational opportunities.

Updated on March 26, 2024.