Nestled in the prestigious Epsom neighborhood, 10/75 Ranfurly Road presents a charming one-bedroom unit with immense potential. Constructed in 1970 with brick walls and an iron roof, this cross-lease property offers an average condition interior, a single carpark, and a level contour on a prime location. The property's capital value has seen a rapid increase, rising from $590,000 in 2017 to $700,000 as of June 2021, reflecting a growth rate of 18.64%. With a floor area of 47 square meters, this unit is perfect for those looking to transform it into a delightful first home or a solid investment rental.
Esteemed schools such as Auckland Grammar, Auckland Normal Intermediate, and Epsom Girls' Grammar School are within the zone, all boasting a decile rating of 9. The unit is also close to the highly regarded Kohia Terrace School and Baradene College. The HouGarden AVM estimates the property's value at $650,000, making it an attractive prospect for savvy investors. Located in a quiet cul-de-sac, the unit is a short stroll from cafes, the library, and city-bound buses, with Newmarket's vibrant shopping and dining scene, as well as Westfield 277, just a 5-minute drive away.
With stunning views of Mt Eden and easy access to motorways and the expansive Cornwall Park, this property is a gem waiting to be polished. Virtual staging has been employed to showcase the unit's potential, and as a deceased estate, it presents a unique opportunity that's not to be missed.
Updated on May 17, 2024