Nestled in the esteemed cul-de-sac of 2/18 Westwell Road, Belmont, this residential ownership home unit boasts a charming 2-bedroom, 1-bathroom layout within a 1968-built complex. The 90sqm floor area is complemented by a brick exterior and a tiled roof, both in average condition, while the cross-lease title provides a unique ownership experience. The property, with a capital value of $1,050,000 as of June 2021, has seen a 25% increase since July 2017, reflecting a sound investment opportunity. The latest sale in 2013 was for $600,000, with the current HouGarden AVM estimating the property's worth at $1,005,000.
With a capital value growth of 25%, this property is not just a home but a wise investment. The AVM estimate and the latest sale history indicate a consistent rise in value, making it an attractive prospect on the North Shore real estate market.
For families with school-aged children, the property falls within the zone of highly sought-after schools. Takapuna Grammar School, Belmont Intermediate, and Belmont School all carry a decile rating of 10, ensuring top-notch education is within easy reach.
Updated on April 19, 2024