14 Marua Road, Ellerslie, Auckland

Nestled in the serene Ellerslie, this 3-bedroom, 3-carpark home on 14 Marua Road offers a tranquil living experience. Constructed in 1920 with wood walls and iron roofing, both in good condition, this cross-lease property provides an ideal canvas for your renovation dreams. The capital value has seen a significant increase from $1,160,000 in 2017 to $1,625,000 as of June 2021, reflecting a growth of 40.09%. With a floor area of 186sqm and set on a property with an easy/moderate fall contour, it's perfect for those seeking space and potential.

As for valuation, the HouGarden AVM estimates the property at $1,515,000, while the latest sale was in 1993 for $162,500. The government's capital value increase is a testament to the investment potential of this property. Moreover, its location in the Ellerslie School zone (decile 9) and proximity to Baradene College and One Tree Hill College, offers an excellent education network for families.

Not only is the property centrally located near Ellerslie Village and Lunn Avenue shops, but it also boasts easy access to sought-after amenities, parks, and transport hubs. This is a golden opportunity to create your dream home in a prime location, with the added benefit of being in a high-rating school zone.

Updated on June 27, 2024