113a Aotea Street, Orakei, Auckland

Nestled in the serene Aotea Street, Orakei, Auckland, this freehold property boasts a capital value that has seen a significant increase of 11.86% since 2017. Constructed in 2009 with mixed materials for the walls and iron for the roof, this 198sqm home with a 324sqm land area includes 2 bedrooms, 2 carparks, and boasts a generous floor plan perfect for those who cherish indoor-outdoor living. The Paterson Cullen Irwin designed residence, located just a 5-minute stroll from Mission Bay beach, offers a sunny, private, and elevated lifestyle with views over Aotea Reserve, a solid concrete block foundation, and an entertainer's north-facing deck. It also features a big modern kitchen, a huge laundry, and the potential for 4-car internal garaging, complete with a workshop and storage space.

With a current government valuation of $1,650,000 and a HouGarden AVM of $1,582,500, this property presents a compelling investment. The recent sales history and the increasing capital value reflect the desirability of the location. It's not just a home but a smart investment in a sought-after school zone, with Selwyn College (Decile 4) and Baradene College (Decile 9) in close proximity.

For families with school-aged children, the property falls within the zones of Orakei School, a full primary with a Decile rating of 4, ensuring quality education is just steps away. This unique apartment alternative is an ideal choice for professionals or downsizers looking for low maintenance, lock up and leave convenience, just 20 steps from the bus stop.

Updated on April 26, 2024