Nestled in the esteemed cul-de-sac of 2/18 Westwell Road, Belmont, this residential ownership home unit boasts a charming 2-bedroom, 1-bathroom layout within a 1968-built complex. The 90sqm floor area is complemented by a brick exterior and a tiled roof, both in average condition, while the cross-lease title provides a unique ownership experience. The property, with a capital value of $1,050,000 as of June 2021, has seen a 25% increase since July 2017, reflecting a sound investment opportunity. The latest sale in 2013 was for $600,000, with the current HouGarden AVM estimating the property's worth at $1,005,000.
With a capital value growth of 25%, this property is not just a home but a wise investment. The AVM estimate and the latest sale history indicate a consistent rise in value, making it an attractive prospect on the North Shore real estate market.
For families with school-aged children, the property falls within the zone of highly sought-after schools. Takapuna Grammar School, Belmont Intermediate, and Belmont School all carry a decile rating of 10, ensuring top-notch education is within easy reach.
Updated on April 19, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.08 km | 2 | 1 | 70m2 | 2024 04 24 | $930,000 | Council approved | |
0.40 km | 4 | 134m2 | 2024 04 21 | $1,015,000 | Council approved | |||
 | 0.01 km | 4 | 4 | 136m2 | 2024 04 12 | - | Council approved | |
 | 0.01 km | 4 | 4 | -m2 | 2024 03 01 | - | Council approved | |
0.15 km | 2 | 1 | 100m2 | 2024 02 23 | $1,260,000 | Council approved |