Nestled in a serene cul-de-sac on 10/19 Vine Street, Saint Marys Bay, Auckland, 'The Grove' is a charming unit in a boutique development of twelve. Constructed in the 1960s with concrete walls and an iron roof, this 46sqm unit exudes an aura of easy living. It boasts a modern open-plan living, dining, and kitchen area, a cozy double bedroom with built-in wardrobe, a fresh bathroom, and the added luxury of a private patio. As a unit title property, it offers a hassle-free lifestyle with a capital value that has seen a growth of 44.64% from $560,000 in 2017 to $810,000 in 2021. The latest sale in 2018 was at $537,000, while the current HouGarden AVM estimates it at $775,000.
For families, the educational opportunities are abundant with Western Springs College (Decile 8), Ponsonby Primary School (Decile 10), Ponsonby Intermediate (Decile 9), and Auckland Girls' Grammar School (Decile 3) all within reach. This property not only promises a convenient city fringe lifestyle, but also a smart investment with a promising CV increase speed.
Whether you're looking for a first home, an investment, or a lock up and leave, this low-maintenance unit is perfectly positioned to enjoy the best of Auckland, with a wealth of shops and eateries along Ponsonby Road and Jervois Road, and leisurely strolls to Westhaven, Wynyard Quarter, Britomart, and the CBD.
Updated on October 16, 2024