Nestled in the heart of Sandringham at 23 Arabi Street, Auckland - City, this charming residential dwelling boasts a rich history dating back to 1915. With 3 bedrooms, 1 bathroom, and parking for 2 cars, this property spans a floor area of 130 square meters. The cross-lease title encompasses a level contour, while the structure features wooden walls in average condition and an iron roof, also in average condition. This property is a testament to classic architecture, offering a blend of historical charm and modern living.
Over the years, the capital value of this property has seen a significant increase, from $1,180,000 in July 2017 to $1,825,000 in June 2021, marking a 54.66% growth. The latest HouGarden AVM estimates its value at $1,795,000. The property last changed hands in August 2012 for $800,000, highlighting its substantial appreciation over time. This growth trajectory underscores the property's investment potential and its appeal in the current market.
Education is a cornerstone of this location, with access to several well-regarded schools. Mt Albert Grammar School and Auckland Girls' Grammar School cater to secondary education, boasting deciles of 7 and 3, respectively. For younger students, Edendale School (Auckland) and Balmoral School (Auckland) Zone B (yrs 7-8) offer quality primary education with deciles of 6 and 9, respectively. This property is ideally situated for families seeking quality education options.
Updated on April 02, 2024.