4/84 Portage Road, New Lynn, Auckland - Waitakere

This charming property located at 4/84 Portage Road, New Lynn, Auckland - Waitakere, offers a unique opportunity for first home buyers and aspiring landlords alike. Featuring 2 well-sized bedrooms, a spacious living and combined dining area with a north-facing aspect, and a single carport, this single-level brick home unit is an affordable entry into home ownership. The property, built in 1960, has an average condition for both its brick walls and tile roof, spans a floor area of 82 square meters, and is situated on a level contour with a Unit Title ownership type. It's perfectly positioned roughly equidistant between Blockhouse Bay Village and LynnMall Shopping Centre, with the prestigious Titirangi Golf Course just across the road.

Over the years, the property has seen a steady increase in capital value, from $540,000 in July 2017 to $650,000 in June 2021, marking a 20.37% growth. The latest sale recorded on January 10, 2024, was at $560,000, following a previous sale at $592,000 on October 22, 2020. The HouGarden AVM estimates the property's value at $622,500, highlighting its potential as a solid investment.

Education is a priority in this area, with the property being in zone for several reputable schools. Blockhouse Bay Intermediate (decile 5), Chaucer School (decile 4), Lynfield College (decile 6), and Green Bay High School (decile 8) are all conveniently located nearby, offering excellent schooling options for families.

Updated on April 06, 2024.