Nestled in the serene Chaucer Place, a quiet cul-de-sac in Blockhouse Bay, Auckland, this freehold property is a gem for any investor. Constructed in 2002 with robust brick walls and tiled roofing, the dwelling boasts 3 spacious bedrooms, a floor area of 148 square meters, and is set on a levelled 640 square meter section. The well-maintained property, with a government valuation (CV) of $1,075,000 as of June 2021, has seen a remarkable increase of 27.98% from its $840,000 valuation in July 2017. The property'sHouGarden AVM estimates it at $1,000,000, while the latest sale in 2002 was for $270,000.
With a CV growth rate that outpaces the market average, this property is not just a home but a solid investment. The modern kitchen, ample storage, and roomy bedrooms offer comfort and convenience. The outdoor space, with its easy-care lawns and potential for a private patio and garden, adds to the appeal. It's a perfect choice for working couples or young families, with top-rated schools like Blockhouse Bay Intermediate (Decile 5), Chaucer School (Decile 4), and Lynfield College (Decile 6) just minutes away.
Set in a prime school zone, this property presents an unparalleled opportunity for families seeking quality education for their children. The location, combined with the property's low-maintenance lifestyle and convenient access to transport routes, makes it an unbeatable investment. Don't miss the auction this Saturday on site at 12:30pm!
Updated on May 06, 2024