Nestled within a secure gated community on Sunset Road, this 1990-built property offers a unique living space or a lucrative investment opportunity. The roughcast and tiled unit features 3 bedrooms, 1.5 bathrooms, and a carpark for 2 vehicles. With a floor area of 140 square meters and an ownership type of Unit Title, this home is set on a property with an easy/moderate fall contour. The capital value has seen a significant increase from $495,000 in 2017 to $800,000 as of June 2021, reflecting a growth rate of 61.62%. The HouGarden AVM estimates the property's worth at $745,000. The school zones are a highlight, with highly-rated institutions such as Westlake Boys and Girls High Schools, Mairangi Bay School, Murrays Bay Intermediate, and Sunnynook School all within reach.
History shows a promising trend in the property's value, while the current condition of the walls and roof may require attention. The residence is complemented by a north-facing courtyard, ideal for outdoor entertainment, and benefits from community amenities like a tennis court and swimming pool. Its proximity to Saunders Reserve and the Constellation bus terminal adds to the convenience of this prime location.
For families, the school network is a significant plus, with contributing and intermediate schools rated highly, and secondary schools holding a decile rating of 9 or 10. This property presents a blank canvas to create your ideal living space while enjoying the benefits of a prestigious school zone and a thriving community.
Updated on May 06, 2024