1/163 Shakespeare Road, Milford, Auckland - North Shore

Nestled on a quiet cul-de-sac in the esteemed Shakespeare Road of Milford, Auckland, this 1968-built residential unit boasts a charming blend of classic brick construction and modern renovations. Offering 2 bedrooms, 1 bathroom, a single carpark, and a floor area of 92 square meters, it stands on a cross-lease title with a tiles roof in average condition. The property, with an current government valuation (CV) of $950,000, has seen a substantial increase of 18.75% from its previous CV of $800,000 in 2017. The half-share of a 683m2 land, zoned for high-intensity multi-level development, presents a golden opportunity for investors and first-home buyers alike.

With a HouGarden AVM of $912,500 and a sales history showing a leap from $245,000 in 1997 to $457,000 in 2011, this property's growth potential is undeniable. The recent improvements include laminate flooring, a modern kitchen with a dishwasher, HRV, and a heat pump, complemented by a sunny rear deck and BBQ area, making it an attractive and low-maintenance choice.

Educationally, the property falls within the decile 9 zone, close to Westlake Boys' and Girls' High Schools, Milford School, and Takapuna Normal Intermediate. This central location, minutes away from Smales Farm Bus Station, North Shore Hospital, and Milford's shopping and dining hub, as well as the picturesque North Shore beaches, is indeed a highly sought-after address.

Updated on April 12, 2024