Nestled in the sought-after location of 5/53 Vauxhall Road, Devonport, this 1960-built residential unit boasts 2 bedrooms, 1 bathroom, and a carpark. The 80sqm floor area is complemented by an Iron roof and Concrete walls in average condition. This Unit Title property is set on level grounds, providing a secure and comfortable lifestyle mere steps away from the beach, local shops, and amenities. The capital value has seen a 40% increase from $800,000 in 2017 to $1,120,000 as of 2021, with the HouGarden AVM estimating it at $1,092,500. Historically, the property sold for $370,000 in 2004 and $300,000 in 2003.
With a CV growth rate that outpaces the market, this home is not just an attractive investment but also ideal for those looking to downsize or enter the property market. It's located within the decile 10 school zones of Takapuna Grammar School, Belmont Intermediate, and Devonport School, ensuring top-notch education for the family.
Boasting a charming garden and a separate garage, this cottage home is perfect for adding personal style and flair. The open plan lounge and dining area with stylish wooden flooring, along with the galley-style kitchen and upstairs master bedroom, create a warm and inviting space. This is an opportunity not to be missed for those seeking a slice of paradise in a prime location.
Updated on August 20, 2024