Nestled in the prime location of 2/1 Melview Place, New Lynn, Auckland, this double-level townhouse with a Unit Title is a gem in the residential apartment category. Constructed in 1997 with a mix of materials for the walls and iron for the roof, both in good condition, this home offers 3 bedrooms, 2 bathrooms, and a double internal access garage. The property, with a floor area of 130sqm and a level contour, is a perfect blend of comfort and convenience, enhanced by its close proximity to the train station, Lynmall shopping centre, and a variety of dining options.
As per the valuation records, the Capital Value (CV) has seen a growth of 25.42%, from $590,000 in July 2017 to $740,000 in June 2021. The HouGarden AVM estimates the property at $710,000, while the latest sales were recorded at $715,000 in February 2024 and $525,000 in April 2018. This indicates a promising investment opportunity in a rapidly appreciating area.
For families with school-going children, the property falls within the zones of several reputable schools. Kelston Intermediate and New Lynn School have a decile rating of 2 and 4 respectively, while Kelston Boys' and Girls' High Schools are both rated decile 3. Additionally, Blockhouse Bay Intermediate is a decile 5 school in the vicinity. This east-facing home not only offers a warm ambiance with morning sunlight but also provides easy access to educational institutions.
Updated on April 17, 2024