Nestled in a serene cul-de-sac at 5/70 Nile Road, Milford, Auckland, this residential ownership home unit boasts a charming vintage appeal with its 1969 brick construction and tiled roof. The 2-bedroom, 1-bathroom unit with a single carpark and a floor area of 62 square meters is set on a cross-lease title. The property presents a capital value growth of 20.59% from $680,000 in 2017 to $820,000 as of June 2021. The HouGarden AVM estimates the property's value at $785,000. This home, with good wall and roof conditions, overlooks a wide lawn and offers an open urban outlook from its elevated position, ensuring no flood concerns.
As for its valuation history, the property has seen a significant increase, reflecting a promising investment opportunity. The recent sale history and AVM reflect a strong market interest in the area. The capital value growth percentage is a testament to the property's potential as a sound investment.
Educationally, the property falls within the decile 9 Westlake Boys' and Girls' High School zones, as well as the decile 8 Forrest Hill School and the decile 9 Milford School. Takapuna Normal Intermediate, also decile 9, is in close proximity. These schools are a major draw for families seeking quality education for their children.
Updated on April 19, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.12 km | 4 | 3 | 219m2 | 2024 11 20 | - | Council approved | |
 | 0.29 km | 3 | 1 | 100m2 | 2024 11 11 | - | Council approved | |
 | 0.24 km | 2 | 1 | 100m2 | 2024 10 09 | $915,000 | Council approved | |
 | 0.28 km | 2 | 1 | 90m2 | 2024 08 16 | $1,100,000 | Council approved | |
 | 0.29 km | 2 | 1 | 90m2 | 2024 08 10 | $980,000 | Council approved |