Nestled in the serene cul-de-sac of 1/81 Cardiff Road, Pakuranga, Auckland, this residential ownership home unit boasts a charming facade of brick and a robust roof of tiles. Constructed in 1970, the property maintains an average condition both in walls and roof, offering a floor area of 100 square meters and a carpark. The 2-bedroom and 1-bathroom unit is held under a Cross-Lease title. The capital value has shown a notable increase from $750,000 in July 2017 to $910,000 as of June 2021, indicating a growth of 21.33%. The interior features an efficient layout with a heat pump, a combined kitchen and dining area, and a separate lounge, completed by a laundry and internal-access garage.
As per the property's valuation, the HouGarden AVM estimates the property at $917,500, while the latest sales history includes transactions at $621,000 in September 2015 and $463,000 in September 2013. This presents a promising investment opportunity with a clear trend of value appreciation. The property is strategically located in a prime Pakuranga address, convenient to local amenities, schools, and transport links.
For families with school-aged children, the property falls within the zones of reputable schools such as Sancta Maria College (decile 7) for secondary education, Edgewater College (decile 2), Pakuranga Intermediate (decile 3), and Pakuranga Heights School (decile 4). This combination of location, value, and educational opportunities makes it an exceptional prospect for both homeowners and investors.
Updated on September 20, 2024