2/12 Helicon Place, Totara Vale, Auckland - North Shore

Nestled in the serene cul-de-sac of Helicon Place, Totara Vale, Auckland, this 1990-built residence boasts 4 bedrooms, 2 bathrooms, and a double internal access garage. The 180sqm floor area is complemented by a mix of materials for the exterior walls and a robust tile roof in good condition. It sits on an easy-to-moderate rise contour and is governed by a Cross-Lease title. The property's CV has seen a remarkable increase of 23.12% from $995,000 in 2017 to the current $1,225,000 as of June 2021. The HouGarden AVM estimates the property's value at $1,175,000, while the latest sales were recorded at $682,000 in 2013 and $425,000 in 2006.

With a declared reserve of $608,000, this home presents a lucrative opportunity for investors and builders. It's located within the zones of Wairau Intermediate School (Decile 7), Target Road School (Decile 6), and Glenfield Intermediate School, ensuring access to quality education. The property's adaptable layout includes separate living areas, a guest toilet, and outdoor entertainment decking, all set on a prime location that's bound to appreciate.

For those seeking a home in a prime school zone with significant capital growth potential, this property is a golden find. The combination of a $1,225,000 CV, a high-quality school network, and a history of steady value appreciation makes it an attractive prospect for both families and investors.

Updated on April 22, 2024