4/5 Ngaroma Road, Epsom, Auckland

Located at 4/5 Ngaroma Road, Epsom, Auckland - City, this residential property is a hidden gem that offers much more than meets the eye. Constructed in 1972, the brick and tile unit boasts a floor area of 124 square meters and comes with 4 bedrooms, a single carpark, and is situated on a level property contour. The property falls under a Cross-Lease ownership type and is categorized as a Residential - Ownership home unit. Its wall and roof conditions are both rated as good, with the walls made of brick and the roof constructed from tiles.

Over the years, the capital value of this property has seen a significant increase, from $1,220,000 in July 2017 to $1,525,000 in June 2021, marking a 25% growth. The latest HouGarden AVM estimates the property's value at $1,500,000. Historical sales data reveals that the property was sold for $550,000 in October 2008 and for $445,000 in September 2003. This steady appreciation underscores the property's investment potential.

The property is ideally located within the school zones of Auckland Normal Intermediate (decile 9), Baradene College (decile 9), Royal Oak School (decile 8), and Onehunga High School (decile 3), making it an excellent choice for families prioritizing education. The proximity to these highly-rated schools adds to the desirability of this home.

Updated on March 21, 2024.