3/40 Speight Road, Kohimarama, Auckland

Located at 3/40 Speight Road, Kohimarama, Auckland - City, this residential property offers a unique blend of comfort and convenience with its 2 bedrooms and spacious, light-filled upstairs apartment layout. Despite lacking specific bathroom details, the property includes 1 carpark and boasts a floor area of 125 square meters. The unit, part of a complex constructed in 1970, features concrete walls in good condition and tile roofing in average condition, all under a Unit Title ownership. The level property contour and its proximity to Kohimarama Beach enhance its appeal, promising a low-maintenance lifestyle ideal for those valuing location and ease of living.

The property has seen a significant increase in capital value, from $1,100,000 in July 2017 to $1,425,000 in June 2021, marking a 29.55% growth. The HouGarden AVM estimates its value at $1,402,500, while the latest sale on February 22, 2024, was at $1,365,000. This growth trajectory underscores the property's investment potential and desirability in the Auckland housing market.

Situated within excellent school zones, the property offers access to top-rated educational institutions including Baradene College (Secondary, decile 9), Selwyn College (Secondary, decile 4), Kohimarama School (Full Primary, decile 10), and St Ignatius School (St Heliers) (Contributing, decile 10). These schools provide a range of educational opportunities, making it an ideal location for families prioritizing education.

Updated on March 22, 2024.