1/82 Portage Road, New Lynn, Auckland - Waitakere

Nestled in the heart of New Lynn, this 2-bedroom, 1-bathroom unit with a single carpark presents an exciting opportunity for renovators and first-home buyers. Constructed in 1960 with brick walls and tiled roofing, this unit title property boasts a level contour and a well-maintained condition both inside and out. The capital value has seen a significant increase of 36%, from $500,000 in 2017 to the current $680,000 as of June 2021. The HouGarden AVM estimates the property's worth at $675,000, while the latest sale in 2024 fetched $523,888, showcasing the investment potential in this sought-after area.

For families, the property falls within the decile 5 Blockhouse Bay Intermediate, decile 4 Chaucer School, decile 8 Green Bay High School, and decile 6 Lynfield College zones, ensuring access to quality education. The property's spacious outdoor area is perfect for entertainment or future extensions, offering a rare find for a unit in this prime location.

With a generous floor area of 73 square meters, this property invites your personal touch to transform it into a dream home. The combination of a prime location, a high capital value growth rate, and a promising school network makes this property an attractive prospect for both homeowners and investors.

Updated on November 13, 2024