147 Paihia Road, One Tree Hill, Auckland

Nestled in the esteemed One Tree Hill, Auckland, this meticulously renovated 1940's dwelling on 147 Paihia Road boasts a freehold cross-lease title. The residence, with its fibrous cement walls and tiled roof, offers 3 bedrooms, a modern kitchen, and a spacious living area that leads to a large entertainer's deck. The property, with a floor area of 150 square meters, sits on a contour that enjoys an easy to moderate fall, and it is complemented by a private north-facing garden, perfect for alfresco dining. The capital value has seen a 31.11% increase from $1,125,000 in 2017 to $1,475,000 as of June 2021, with the HouGarden AVM estimating the property at $1,440,000. Notably, the latest sales were recorded at $550,000 in 2011 and $380,000 in 2007.

For families, the property falls within the Remuera Intermediate and One Tree Hill College zones, while being in close proximity to Baradene College, known for its high decile rating of 9. The surrounding amenities and the convenient access to the motorway make this property an attractive opportunity. With polished floors, a garden shed, and parking for two cars, this home is ready for a family to move in and enjoy the benefits of a sought-after location.

With a decile rating of 8 at Remuera Intermediate and 3 at both Oranga School and One Tree Hill College, this home is not only an ideal choice for couples and teenagers but also presents a sound investment opportunity with strong capital value growth potential.

Updated on August 21, 2024