Nestled in the serene Sikkim Crescent, a quiet cul-de-sac of Clover Park, Auckland, lies a charming 3-bedroom, 1-bathroom residence with a generous 92sqm floor area. This freehold property, built in 1976 with robust fibrous cement walls and a reliable iron roof, stands on a levelled 622sqm section. It includes a standalone garage with additional utility space, and comes with 2 car parks. The property has seen a significant Capital Value (CV) increase of 29.58% from $710,000 in 2017 to $920,000 as of June 2021. The HouGarden AVM estimates it at $912,500, while the latest sales were recorded at $460,000 in 2014 and $437,000 in 2007. This home not only offers a solid investment opportunity but also holds potential for renovation projects.
With a CV growth that outpaces the market average, this property is a golden find. The recent valuation surge is a testament to its appeal and the area's desirability. It's a chance to secure a valuable asset in an up-and-coming neighborhood.
For families with school-aged children, the property falls within the zones of Tangaroa College (decile 1) and Redoubt North School (decile 2), ensuring quality education is within reach. Its proximity to educational institutions like MIT and AUT, as well as shopping centers like New Ormiston Mall and Botany, further enhances its allure.
Updated on November 20, 2024