Nestled in the serene cul-de-sac of 1/265 Meola Road, Point Chevalier, Auckland, this 1989-built residential dwelling boasts 3 bedrooms, 3 carparks, and a floor area of 149 square meters. The property, with its brick exterior walls and tiled roof, is maintained in average condition and is held under a Cross-Lease title. The capital value has seen a substantial increase from $1,160,000 in 2017 to $1,725,000 as of June 2021, reflecting a growth of 48.71%. This is a home that offers warmth and comfort, ready for a family to move in and enjoy the benefits of living in a sought-after location with easy access to the CBD.
With a HouGarden AVM valuation of $1,650,000 and a latest sale history of $470,000 in 2005, this property presents a lucrative opportunity. The recent sale history also includes a transaction in 2000 for $148,270. The property is set to be auctioned on Wednesday 16 October 2024, unless sold prior, and is sure to attract attention from those looking for a charming home in a prime location.
For families with children, the property falls within the zones of highly-rated schools such as Pt Chevalier School (decile 10), Pasadena Intermediate (decile 8), and Western Springs College (decile 8). The combination of a quiet neighborhood, recreational amenities nearby, and an excellent school network makes this property an attractive prospect for both investors and families.
Updated on October 18, 2024