9/4 Inkerman Street, Onehunga, Auckland

Nestled in the heart of Onehunga on a serene cul-de-sac, this well-built 2-bedroom, 1-bathroom residence with 2 car parks is a gem for both investors and first-time buyers. Constructed in 1970 with brick walls and tiled roofing, this cross-lease property offers an easy-care lifestyle with an impressive capital value growth of 43.10%. The CV has surged from $580,000 in 2017 to $830,000 as of June 2021. The home boasts a floor area of 62m2, a heat pump for comfort, and is in close proximity to various schools, parks, and shopping malls. The property is tenanted at $500 per week, and its HouGarden AVM is valued at $775,000, with a notable sales history in 2008 and 2012. Zoned for Onehunga Primary, Royal Oak Intermediate, and Onehunga High School, this home is perfect for families seeking top-notch education.

With a property contour that's level and a prime location, it's no surprise that this residence has seen a substantial increase in its government valuation. The latest sale records from 2012 and 2008 reflect a growing investment opportunity in this sought-after area.

For those with a keen eye for education, the property falls within the catchment area of highly regarded schools. Baradene College, a secondary school with a decile rating of 9, is one of the many educational highlights in the vicinity. This, coupled with the convenience of public transport and the tranquility of a quiet street, makes this property an unbeatable choice.

Updated on May 16, 2024