Nestled in the prestigious Epsom neighborhood, this 1940s brick and tile unit titled home at 9a Ngaire Avenue boasts 2 bedrooms, a carport, and a floor area of 118sqm. The property, with its average condition walls and roof, is set on level contour and offers a serene haven amidst the bustling city life. As for its value, the capital value has seen a 31.25% increase from $960,000 in 2017 to $1,260,000 in 2021. The HouGarden AVM estimates the property at $1,205,000, while the latest sale was recorded in 1995 at $207,000.
With a rich history and potential for growth, this property is not just a home but an investment. The government valuations reflect a promising trend, and the AVM further validates the property's worth. The latest sale history hints at the long-term value retention of this charming residence.
For families with school-aged children, this property falls within the highly sought-after Double Grammar Zone. It is in close proximity to Auckland Grammar, Epsom Girls' Grammar School, and other top-rated educational institutions. The schools, with deciles ranging from 7 to 9, ensure access to quality education. This combination of location, value, and educational opportunities makes it an attractive prospect for families and investors alike.
Updated on October 24, 2024