Nestled in the heart of New Lynn, Auckland, on a quiet cul-de-sac at 24 Arahoe Road, this charming 1940s home boasts 2 bedrooms, 2 bathrooms, and a single carpark. Constructed with wood exterior walls and tiled roofing, it stands on a level contour with an average roof condition and good wall condition. This cross-lease property offers a floor area of 86 square meters and is priced to sell. The capital value has seen a significant increase of 23.68% from $760,000 in July 2017 to $940,000 as of June 2021. According to HouGarden AVM, the property is valued at $902,500, making it an attractive opportunity for investors, first-time buyers, or those looking to downsize.
With a history of two sales, the latest being in 2014 for $560,000, this property is set to capture attention. The government valuation growth and the convenient location, being close to LynnMall and motorway onramps, add to its allure. For families, the property is zoned for Arahoe School (across the street), Blockhouse Bay Intermediate, and the well-regarded Green Bay High School, all within deciles 5 and 8.
Don't miss your chance to secure this property. The auction is set for 6pm on Thursday, 11th April 2024 at the Auction Centre, 746 New North Rd, Mt Albert, unless sold prior. This is a 'Must be Sold' opportunity, so act now to make this delightful home a part of your future.
Updated on April 12, 2024