Nestled in the prestigious Herne Bay, this 2-bedroom, 1-bathroom residential unit with a Unit Title, built in 1998, boasts of a solid Iron roof and Stone exterior walls in good condition. The property, located at 2/225 Jervois Road, Auckland, sits on a level contour and has seen a significant Capital Value (CV) increase from $840,000 in 2017 to the current $1,120,000 as of June 2021, indicating a growth rate of 33.33%. The latest sale was in 1998 for $290,000. HouGarden AVM estimates the property's value at $1,042,500.
With a CV history reflecting a promising investment, this property is not just a home but a smart financial decision. The latest valuation and the increase percentage showcase the potential for further growth in one of Auckland's most sought-after locations.
For families with school-aged children, the property falls within the zones of Western Springs College (Decile 8), Bayfield School (Decile 10), Ponsonby Intermediate (Decile 9), and Auckland Girls' Grammar School (Decile 3), ensuring access to high-quality education.
Updated on May 18, 2024