28/12 Ambrico Place, New Lynn, Auckland - Waitakere

Nestled in the serene Ambrico Place, a quiet cul-de-sac in New Lynn, Auckland, this 1997-built residential apartment complex offers a promising investment or an ideal first home. The 3-bedroom, 1-bathroom unit with a single carpark boasts a floor area of 100sqm and is governed by a Unit Title. Its roughcast exterior walls and iron roof, though in poor condition, are set on a property with an easy to moderate fall contour. The capital value has seen a significant increase from $380,000 in 2017 to the current $460,000, reflecting a growth of 21.05%. The latest sale history shows a transaction of $450,000 in 2024, a substantial leap from the $220,000 sale in 2014.

For families, the property is within the catchment area of several schools, including Kelston Intermediate and Boys' High School, both with a decile rating of 2 and 3 respectively, and Kelston Girls' College with a decile rating of 2. New Lynn School and Blockhouse Bay Intermediate are also within reach, rated at a decile of 4 and 5. The HouGarden AVM estimates the property's value at $422,500, making it an attractive opportunity for those seeking value in a prime location.

Enjoy the convenience of living within a 5-minute walk to LynnMall Shopping Centre and the transport hub, with city buses, trains, and schools nearby. This sunny townhouse with a spacious lounge and a sun-drenched backyard is perfect for a car-free lifestyle, with an internal access garage and additional parking. Don't miss this chance, as the overseas vendor is keen on a quick sale!

Updated on December 11, 2024