Nestled in the serene cul-de-sac of Shanaway Rise, this 1970-built, cross-lease property boasts 5 bedrooms and 2 carparks, enveloped in wooden walls and tiled roofing. Measuring a comfortable 211 square meters in floor area, it stands as an attractive investment with a $1,400,000 government valuation as of June 2021, marking a 14.29% increase since July 2017. The property enjoys an average condition for both walls and roof, sitting on a land with an easy/moderate rise contour.
With a HouGarden AVM of $1,209,500 and recent sales history of $1,120,000 in July 2024 and $1,188,000 in August 2020, the property presents a compelling case for investors. The capital value growth percentage indicates a promising investment return.
For families with school-aged children, the property falls within the zones of Willow Park School (decile 9), Northcote Intermediate School (decile 6), and Northcote College (decile 7), ensuring access to quality education. This home is not just a haven for families but also a smart investment in a sought-after school district.
Updated on September 04, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.23 km | 4 | 3 | 0m2 | 2024 09 01 | $1,310,000 | Council approved | |
 | 0.18 km | 4 | 2 | 0m2 | 2024 09 01 | $1,153,000 | Council approved | |
 | 0.20 km | 4 | 2 | 0m2 | 2024 08 01 | $1,380,000 | Council approved | |
0.14 km | 3 | 140m2 | 2024 07 27 | $1,065,000 | Council approved | |||
 | 0.22 km | 4 | 3 | 0m2 | 2024 07 01 | $1,355,000 | Council approved |