407/199 Great North Road, Grey Lynn, Auckland

Nestled in the heart of Grey Lynn, Auckland, this contemporary apartment at 407/199 Great North Road boasts a smart layout with 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 2020, the property features mixed materials for the walls and an iron roof, both in good condition. It sits on a level contour and is categorised as a residential unit with a unit title. The latest government capital value as of June 2021 is $910,000, reflecting a 15.19% increase since July 2017. The property is in a sought-after school zone, with Pasadena Intermediate and Western Springs College both boasting a decile rating of 8.

Valuation history shows a promising trend, with the HouGarden AVM estimating the property's worth at $902,500. The latest sale records from October 2024 indicate a transaction of $1,060,000, following a previous sale in March 2017 for $1,105,000, highlighting the property's consistent capital appreciation.

For families with school-aged children, the property falls within the catchment area of several well-regarded institutions. In addition to Pasadena Intermediate and Western Springs College, Newton Central School and Kowhai Intermediate School are also within reach, both with a decile rating of 7. Auckland Girls' Grammar School, a secondary school with a decile rating of 3, is another option for secondary education.

Updated on November 13, 2024