330/20 Park Avenue, Ellerslie, Auckland

Located at 330/20 Park Avenue, Ellerslie, Auckland - City, this residential apartment is a modern marvel with a floor area of 30 square meters. It boasts a unit title ownership, making it an ideal choice for those seeking a hassle-free property investment. The building, constructed in 2023, features mixed materials for the walls and an iron roof, both in good condition. Despite its compact size, the apartment includes 1 bathroom and offers a level property contour without any carpark space. The absence of a land area highlights its urban apartment lifestyle.

The property's capital value as of June 2021 was $350,000, with a recent sale recorded on January 6, 2024, for $282,400. This indicates a fluctuation in the property's market value, complemented by a HouGarden AVM estimate of $335,000. Such financial dynamics present an intriguing investment opportunity, reflecting the property's potential in the current market.

Education is a cornerstone of this property's appeal, situated within the zones of high-decile schools. Baradene College, a secondary school for years 7-15, and Ellerslie School, a full primary, both boast a decile rating of 9. One Tree Hill College, catering to years 9-15, has a decile rating of 3, offering a diverse range of educational environments. These schools underscore the property's suitability for families prioritizing quality education.

Updated on April 06, 2024.