Nestled in the serene Sunnynook, Auckland, at 7a Erica Road, lies this impressive freehold property, built in 2002 with wood exterior walls and an iron roof. This residential haven boasts 5 bedrooms, 1 bathroom, a vast floor area of 140sqm, and is set on a generous 825sqm section with an easy/moderate contour. The property, with a CV of $1,600,000 as of June 2021, has seen a remarkable increase of 41.59% from its $1,130,000 valuation in July 2017. It also holds a HouGarden AVM of $1,562,500, indicating a sound investment opportunity.
With a history of solid growth, this property offers more than just a home. It's a potential income generator with the option to live in one of the two freestanding homes and rent out the other, making mortgage management more feasible. The investment potential is further enhanced by the excellent rental return these properties promise. Moreover, the ample off-street parking for 7 cars adds to the appeal for a diverse range of buyers.
For families with school-aged children, this property is zoned for top-rated schools. Sunnynook School, a contributing school with a decile rating of 8, Wairau Intermediate School with a decile 7, and both Westlake Boys' and Girls' High Schools, which are secondary schools with a decile rating of 9, ensuring a quality education for your children.
Updated on August 09, 2024