10b Jarman Road, Mount Wellington, Auckland

Nestled down a serene cul-de-sac, this charming residential dwelling at 10b Jarman Road, Mount Wellington, Auckland, boasts 3 cozy bedrooms and an expansive open-plan dining/lounge area. Constructed in 1994 with roughcast walls and an iron roof, the property sits on level contours with an average wall and roof condition. The 125sqm floor area is complemented by a generous backyard, perfect for children to play. As a Cross-Lease property, it offers a unique ownership structure. Notably, the property has seen a significant Capital Value (CV) increase of 35.80% from $810,000 in 2017 to $1,100,000 as of June 2021, with the HouGarden AVM estimating the property's worth at $1,092,500.

Reflecting a promising investment, the latest sale history includes a transaction in 2024 for $950,000, a substantial leap from the 1996 sale of $185,000. This growth potential is further enhanced by the property's location within the catchment area of esteemed schools. Baradene College, a Secondary school with a decile rating of 9, One Tree Hill College (decile 3), Bailey Road School (decile 3), Panmure District School (decile 2), and Sylvia Park School (decile 2) are all within easy reach.

With a convenient location, attractive CV growth, and a high-rating school zone, this property presents an enticing opportunity for families and investors alike.

Updated on November 13, 2024