Nestled in the serene cul-de-sac of 6/1d Orakau Avenue, Epsom, Auckland, this freehold property boasts a modern design with 3 bedrooms, 1 carpark, and a spacious floor area of 142 square meters on a levelled land of 61 square meters. Constructed with a durable iron roof and fibrous cement walls, this residence offers an opportunity to secure a slice of the highly sought-after Double Grammar Zone. The property, valued at $1,875,000 according to the latest government valuation, has seen a rapid increase in its capital value. The HouGarden AVM estimates it at $1,887,500, reflecting a promising investment prospect.
Historically, the property has shown a consistent rise in its capital value, with a recent sale further validating its worth. The capital value growth percentage is a testament to the area's desirability. This is further enhanced by the convenience of being located near top private schools such as St Cuthbert’s College and Diocesan School, and the proximity to the picturesque One Tree Hill and Cornwall Park, with shopping and dining amenities just minutes away at Greenwoods Corner.
For families with educational priorities, the Double Grammar Zone is a significant draw, ensuring access to some of the best schools in the region. The property's location within this zone adds immense value, both in terms of education and future resale prospects.
Updated on September 20, 2024