Nestled on a generous 1011 sqm site in the tranquil cul-de-sac of Ellicott Road, this 1950-built residence boasts 4 bedrooms, a versatile office space, and a single carpark. The freehold property, with iron roofing and wooden exterior walls, offers an average condition interior and is ready for renovation. Notably, the capital value has surged by 48.21% from $560,000 in 2018 to $830,000 in 2021. The latest HouGarden AVM estimates the property at $835,000, while the last sale was recorded at $355,000 in 2014 and $166,000 in 2002. The property falls within the Aberdeen school zone, which includes Fraser High School (Decile 4), Nawton School (Decile 2), Aberdeen School (Decile 5), and Maeroa Intermediate (Decile 3), ensuring quality education for the family.
With a spacious open-plan dining and living area, this home is perfect for family gatherings and entertaining. The large lounge provides ample space for everyone to relax. Outside, the fully fenced section promises a secure playground for children and pets. This property presents a golden opportunity for those seeking to enter the market or invest in a prime location with excellent school networks.
Act now, as the current owner is motivated to sell and move to Tauranga. This could be your only chance to secure a slice of the Kiwi dream on nearly a quarter-acre section. Whether you choose to renovate and add value or keep it as an investment, this property holds great potential for the discerning buyer.
Updated on September 17, 2024