4/29 Exminster Street, Blockhouse Bay, Auckland

Nestled in the serene cul-de-sac of Exminster Street, Blockhouse Bay, Auckland, this charming residential unit boasts a cozy 1-bedroom and 1-bathroom layout within a modest floor area of 38 square meters. Constructed in 1960 with wood walls and an iron roof, this cross-lease property presents an average condition both inside and out, sitting on a level contour. The absence of body corporate fees and the convenience of a lock-up-and-leave lifestyle make it an ideal starter home or investment opportunity. Notably, the property has seen a significant Capital Value increase of 13.1% from $420,000 in 2017 to $475,000 as of June 2021. The HouGarden AVM estimates the property's worth at $442,500, while the latest sales history shows a jump from $185,000 in 2007 to $335,000 in 2016.

For families with school-aged children, the property falls within the zones of highly regarded schools. Blockhouse Bay School, rated a decile 7, and Blockhouse Bay Intermediate, a decile 5, are both within easy reach, as is Lynfield College, a secondary school with a decile rating of 6. This combination of location and educational opportunity is a rare find.

Embrace the tranquility of a quiet neighborhood while being mere steps away from the vibrant Blockhouse Village, shops, and public transport. Enjoy leisurely coastal walks and scenic reserves, perfect for a picnic or a stroll with your pet. This renovated unit is priced to sell and awaits your inspection. Don't miss the chance to call this slice of Blockhouse Bay your own.

Updated on May 18, 2024