1/16 Lancing Road, Sandringham, Auckland

Located at 1/16 Lancing Road, Sandringham, Auckland - City, this modern one-bedroom unit is a gem in the heart of Sandringham. With a floor area of 46 square meters, it offers a comfortable living space for individuals or couples. The property is characterized by its brick wall construction and iron roof, both in average condition, reflecting its 1970s build. It's a Cross-Lease property under the category of Residential - Ownership home units. The unit boasts a level property contour, making it accessible and convenient for various outdoor activities. Notably, the property features double glazing, Evercore flooring, and an off-street car park, enhancing its appeal for those seeking a meticulously maintained block with low maintenance and security.

The property has seen a significant capital value increase from $550,000 in July 2017 to $710,000 in June 2021, marking a 29.09% growth. The latest HouGarden AVM estimates its value at $680,000. It has a history of sales, with the most recent transaction at $630,000 on December 20, 2023, and a previous sale at $213,500 on September 3, 2008. This unit is not just a place to live but an investment opportunity, with a rental appraisal ranging from $500 to $550 per week.

Education is a priority, and this property is zoned for several reputable schools including Mt Albert Grammar School (Secondary, Decile 7), Edendale School (Auckland) (Contributing, Decile 6), Balmoral School (Auckland) Zone B (yrs 7-8) (Full Primary, Decile 9), and Auckland Girls' Grammar School (Secondary, Decile 3). These schools offer quality education options for families with children of various ages.

Updated on April 06, 2024.