Nestled in the serene Morningside, 6 Parkhill Road presents a charming freehold property on a levelled 678sqm of land, built in 1925 with wood and iron construction. This residence boasts 4 bedrooms, a spacious living area, and a single carpark, showcasing a well-maintained wall and roof condition. The property's Capital Value (CV) has seen a remarkable increase of 40.3% from $1,550,000 in 2017 to $2,175,000 as of June 2021. HouGarden's AVM estimates the property's value at $2,022,500, while the latest sale on March 10, 2024, was at $1,300,000. This home is located in a highly sought-after school zone, with Pasadena Intermediate and Western Springs College both boasting a decile rating of 8.
Notably, the property's CV growth outpaces the market average, indicating a sound investment opportunity. The recent sale history and AVM figures suggest a property that's both well-valued and in demand. The quiet cul-de-sac location adds to the appeal, offering privacy and security, while the proximity to Fowlds Park and various amenities provides an enviable lifestyle.
For families with school-aged children, the property falls within the catchment area of several well-regarded schools, including Mt Albert School (decile 6), Mt Albert Grammar School (decile 7), Kowhai Intermediate School (decile 7), and Auckland Girls' Grammar School (decile 3). This renovated bungalow by the park is indeed a rare find and a perfect blend of convenience, comfort, and potential.
Updated on July 04, 2024