Located at 5e Dryden Place, Mount Wellington, Auckland - City, this residential unit offers 2 bedrooms, 1 bathroom, and spans across a floor area of 72 square meters. Despite having no car parks, this property stands out with its Unit Title ownership, iron roof construction, and roughcast wall construction, dating back to 1990. The property is in a level contour with the wall condition being mixed and the roof condition good, ensuring a comfortable living environment.
From a financial perspective, the capital value of this property has seen a notable increase from $540,000 in July 2017 to $610,000 in June 2021, marking a 12.96% growth. The latest HouGarden AVM estimates the property's value at $597,500. Historical sales data reveals a steady appreciation in value, with sales recorded at $300,000 in August 2013 and $353,000 in October 2014. This trajectory underscores the property's solid investment potential.
The property is ideally located within the school zones of Baradene College (Secondary, Year 7-15, decile 9), Stanhope Road School (Full Primary, decile 4), and One Tree Hill College (Secondary, Year 9-15, decile 3), offering excellent educational opportunities. Its prime location near Sylvia Park and Lunn Ave, only 15 mins from the CBD, provides unparalleled convenience for dining, shopping, and other amenities, making it an attractive option for both homebuyers and investors.