Nestled in the serene cul-de-sac of Velma Road, this 1978-built residence boasts a solid brick exterior and a tiled roof. The 2-bedroom, 1-bathroom unit with a single carpark is part of a cross-lease agreement on a freehold section of approximately 688sqm. The property has undergone recent renovations, including a fresh coat of paint on the roof, brand new carpeting, an updated bathroom, and the addition of a heat pump. With a government capital value of $810,000 as of June 2021, this property has seen a significant increase of 20.89% since July 2017. The HouGarden AVM estimates the property at $755,000, while the latest sales history shows a progression from $327,000 in 2007 to $330,000 in 2011.
As for education, the property falls within the highly sought-after zones of Westlake Boys' and Girls' High Schools, both with a decile rating of 9, as well as Takapuna Normal Intermediate and Sunnybrae Normal School, both at a decile rating of 7. The location provides easy access to supermarkets, leisure facilities, and the motorway, making it an ideal choice for those seeking a downsized, lock-up-and-leave lifestyle or a sound investment in a prime suburb.
With its impressive CV growth and exceptional school zones, this brick beauty in the Double Westlake Zone is a rare find and a must-consider for any discerning buyer.
Updated on May 03, 2024