Located at 11/219 Onewa Road, Birkenhead, this top-floor, one-bedroom apartment with a cross-lease title is a gem on the North Shore. Constructed in 1966 with iron roofing and wooden exterior walls in average condition, it offers an easy/moderate contour and a floor area of 41 square meters. The property, valued at $620,000 as per the latest government valuation in June 2021, has shown a remarkable CV increase of 53.09% since July 2017. The HouGarden AVM estimates the property's worth at $602,500, making it an attractive prospect with a history of two past sales - $114,000 in 1998 and $96,000 in 1994.
For families, the property falls within the zones of Northcote Intermediate School and Northcote College, both with good decile ratings, and the highly-rated Birkenhead School is also nearby. The apartment boasts open-plan living, a sunny balcony, a double bedroom, and a bathroom with both a bath and separate shower. Its prime location offers a 250m walk to Highbury Shopping Centre, easy access to public transport, and is less than 1km from the Birkenhead Leisure Centre, with a 5-minute drive to motorway access and an 8km distance to Auckland's CBD.
With such a CV growth rate and a desirable school network, this property presents a golden opportunity for investors and first-home buyers looking to secure a home with a million-dollar view at an affordable price.
Updated on August 20, 2024