50 Amaru Road, One Tree Hill, Auckland

Nestled in the prestigious Auckland suburb of One Tree Hill, 50 Amaru Road presents a charming residential dwelling, built in 1910 with a blend of classic wood exterior and robust iron roofing. This 3-bedroom home, with an impressive 110 square meters of floor area, is set on level contour and boasts an average wall condition with a good roof. It holds a Cross-Lease title, ensuring a unique ownership experience. The property exudes timeless elegance and modern comfort, featuring a recently updated kitchen with a new stone benchtop and high-end Electrolux appliances, LED lighting, and SmartStrand carpets. The Daikin heat pump and security alarm system add to the modern amenities, while the high-speed fibre internet keeps you connected.

As for the financials, the property has seen a significant Capital Value increase of 41.98% from $1,215,000 in 2017 to $1,725,000 as of June 2021. The HouGarden AVM estimates the property's value at $1,680,000, with the latest sale recorded at $1,535,000 in March 2023, a substantial rise from the previous sale of $800,000 in March 2014. This growth potential is a clear indicator of the property's investment value.

For families with school-aged children, the property falls within the zones of Baradene College, a decile 9 secondary school, and Oranga School, Royal Oak Intermediate, and One Tree Hill College, catering to a range of educational needs. The location offers a serene escape in a quiet cul-de-sac, yet is conveniently close to urban amenities and the scenic Cornwall Park.

Updated on August 09, 2024