Nestled in the tranquil cul-de-sac of Medallion Drive, Oteha, Auckland, stands a majestic 4-bedroom, 3-bathroom family home, built in 2003 with a floor area of 241sqm and set on a generous 549sqm section. This freehold property boasts a mix of wall materials, a tiled roof, and is in a good condition both inside and out. The property has seen a significant Capital Value increase of 16.33% from $1,225,000 in 2017 to $1,425,000 as of June 2021. The HouGarden AVM estimates the property's worth at $1,367,500, while the latest sale records from 2015 indicate a price of $1,037,770. This residence is not only conveniently located near amenities and top schools but also falls within the highly acclaimed school zones of Rangitoto College, Northcross Intermediate, and Oteha Valley School, with deciles of 10 and 9 respectively.
With a CV increase that outpaces the market average, this property presents a sound investment opportunity. The home's modern amenities include a double garage with remote access, a well-equipped kitchen, and a sizeable upstairs lobby, perfect for a study or additional living space. The master bedroom features an ensuite, and two additional double bedrooms share a modern bathroom. The property's location provides easy access to Albany Shopping Centre, beautiful beaches, Massey University, and various recreational facilities.
For families with school-aged children, the property's school zones are a significant plus. Rangitoto College and Northcross Intermediate, both decile 10 schools, are within walking distance, while Oteha Valley School, a decile 9 school, is also nearby. The presence of esteemed private schools like Kristin and Pinehurst in the vicinity adds to the appeal of this prime location.
Updated on April 18, 2024