437g Parnell Road, Parnell, Auckland

Nestled in the exclusive Parnell Oaks enclave, this meticulously renovated townhouse boasts a spacious layout at the end of a serene gated Mews. The 3-bedroom, 2-carpark home, with a floor area of 183sqm, is graced with a mix of wall materials and an iron roof, both in good condition. The Unit Title property, built in 2001, is set on a site with an easy/moderate contour, enhancing its appeal. The capital value has seen a significant increase from $1,950,000 in 2017 to $2,425,000 as of June 2021, reflecting a growth of 24.36%. The HouGarden AVM estimates the property's worth at $2,322,500, while the latest sales were recorded at $2,350,000 in 2024 and $2,210,000 in 2020.

With a CV increase that outpaces the market, this property is not just a home but a sound investment. The government-estimated value surge is a testament to the desirability of the location, which is further enhanced by the presence of top-rated schools. The Parnell School, Auckland Grammar, and Epsom Girls' Grammar School, all with a decile rating of 9, are within the zone, ensuring the best education for the family.

Enjoy the tranquility of a cul-de-sac lifestyle, with the convenience of city amenities just a short walk away. This low-maintenance, city-fringe property is a rare find at this price point. Embrace the opportunity to secure a slice of the good life in one of Auckland's most prestigious suburbs.

Updated on October 16, 2024