Nestled in the serene Milford, this 2-bedroom, 1-bathroom unit with a single car park is a gem on Sudan Avenue. Constructed in 1972 with robust brick walls and tiled roofing, this Cross-Lease property is in a prime condition, both walls and roof being rated as good. The property sits on an easy-to-moderate fall contour, ensuring no flooding issues, as evidenced by the recent storm resilience. The capital value has seen a significant increase from $780,000 in 2017 to $970,000 in 2021, a growth of 24.36%. The latest sale history dates back to 2007 at $370,000, after a previous sale in 2003 at $252,000. The HouGarden AVM estimates the property at $902,500, making it an attractive investment. For families, the school network is a highlight with top-rated institutions such as Westlake Boys' and Girls' High Schools, Milford School, and Takapuna Normal Intermediate, all within decile 9. The property boasts a comfortable floor area of 67 square meters and is free from any flood risks. It's equipped with an HRV system for healthy living and a heat pump for climate control. The charming deck, accessible through the lounge sliding door, is perfect for relaxation and entertainment. The transformed single-car garage offers versatility beyond parking, making it an ideal space for multiple uses.
With a big price drop, this property is now an even hotter commodity. It's an opportunity not to be missed by those seeking their first home or a stylish retirement abode. The location provides access to both the tranquility of nature and the vibrancy of city life, with shops, cafes, and bars within easy reach. This unit is a perfect blend of comfort, convenience, and potential for added value.
For those interested in the educational aspect, the area's school network is second to none. The proximity to highly-rated schools adds immense value, making this property an ideal choice for families with children of all ages.
Updated on May 17, 2024