Nestled in the tranquil and scenic Albany Heights, this 1-bedroom, 1-bathroom cottage on a freehold title is a gem on 2.8 hectares of lush land. Constructed in 1996 with wood walls and an iron roof, it offers a serene retreat with a capital value of $1,175,000 as of June 2021. The CV has seen a 17.5% increase since July 2017, reflecting its growing worth. The property, located at 157 Wright Road, benefits from a steep fall contour and an average wall and roof condition. It includes a floor area of 81 square meters and no carparks. The latest sales were in 2013 for $695,000 and 2011 for $545,000, while HouGarden AVM estimates it at $1,082,500.
For families, the property falls within the zone of top-rated schools, including Albany Senior High School (decile 10), Albany School (decile 9), and Albany Junior High School (decile 10), ensuring a quality education for children.
This property presents a unique opportunity to enjoy the tranquility of country living while being minutes away from urban conveniences. Whether you choose to build a new home, retain the existing cottage as an investment, or transform it into your dream sanctuary, the choice is yours. This is a chance to start your journey towards something greater in a property that offers the perfect blend of privacy and potential.
Updated on May 17, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.64 km | 4 | 2 | 301m2 | 2024 08 16 | - | Council approved | |
 | 0.09 km | 5 | 4 | -m2 | 2024 08 14 | $1,540,000 | Council approved | |
 | 0.76 km | 4 | 294m2 | 2024 07 08 | $1,885,000 | Council approved | ||
 | 0.94 km | 5 | 387m2 | 2024 07 04 | $2,400,000 | Council approved | ||
 | 1.09 km | 4 | 287m2 | 2024 06 25 | $2,450,000 | Council approved |