1/5 Orakau Avenue, Epsom, Auckland

Nestled in the heart of Epsom, Auckland, at 1/5 Orakau Avenue, this charming residential unit boasts 2 bedrooms, a single carpark, and a floor area of 101 square meters. Constructed in 1960 with brick walls and tiled roofing, it sits on a level contour with average wall and roof conditions. The property is held under a Cross-Lease ownership, ensuring a secure tenure. Fresh from a refurbishment, it features a new kitchen, carpet, and a refreshed bathroom, ready for immediate enjoyment.

With a Capital Value (CV) of $1,280,000 as of June 2021, this property has seen a growth of 30.61% since July 2017, reflecting its rising value. The HouGarden AVM estimates the property at $1,190,000, while the recent sales history suggests a strong market interest. This is a smart investment with a promising financial outlook.

For families with school-aged children, this property is within the highly sought-after zones of Auckland Grammar, Auckland Normal Intermediate, Epsom Girls' Grammar School, Baradene College, and Royal Oak School. These schools, with high decile ratings, offer an excellent education within walking distance.

Updated on July 12, 2024