27b Barrack Road, Mount Wellington, Auckland

Nestled in the serene cul-de-sac of Barrack Road, Mount Wellington, Auckland, lies a charming 3-bedroom home, built in 1960 with solid brick walls and tiled roofing. This unit-titled property offers a floor area of 101sqm, and while it may not have a designated carpark, it compensates with a large basement for storage and a private deck that captures stunning views of the mountain. The property's capital value has seen a recent decrease of 4.76%, from $1,050,000 in 2017 to the current $1,000,000 as of June 2021, according to government valuations. However, the HouGarden AVM estimates a higher value of $1,025,000, reflecting the property's potential.

History shows the property changed hands for $179,450 in 2002 and $477,500 in 2000, indicating a significant appreciation over the years. This home is not only an affordable option but also a sound investment in a sought-after location, with easy access to Sylvia Park, motorways, and public transportation.

For families with school-aged children, the property falls within the zones of Baradene College, a prestigious secondary school with a decile rating of 9, and Stanhope Road School, a full primary with a rating of 4. Additionally, One Tree Hill College and Panmure District School are also within reach, offering a range of educational options.

Updated on August 20, 2024