Nestled in the coveted Western Springs locale, this 125sqm, 3-bedroom, 1-bathroom residence with a single carport is a smart investment opportunity. Constructed in 1987 with a robust fibrous cement exterior and tile roofing, this cross-lease property sits on level contour and boasts a well-maintained condition. The capital value has seen a remarkable growth of 37.08%, from $890,000 in 2017 to the current $1,220,000 as per the latest government valuation. The HouGarden AVM estimates the property at $1,135,000, while the latest sales history shows a consistent appreciation from $268,000 in 1997 to $270,000 in 2002. This address is not only convenient and sun-drenched but also falls within the decile 8 school zones of Pasadena Intermediate and Western Springs College, and the decile 6-7 range of other reputable schools, making it an ideal choice for families.
With open plan living spaces and the potential for further enhancements, this home is perfect for first-time buyers, families, and investors. The location is second to none, with easy access to entertainment hubs like Morningside Precinct, Kingsland, and Grey Lynn villages, and a short 5-minute drive to Westfield St Lukes for shopping and leisure. Close to trains, buses, motorways, and a cycle path, this property is not just a home but a wise investment in a thriving community.
Embrace the opportunity to be part of this esteemed school network and enjoy the benefits of a conveniently located, well-appointed home in the heart of Auckland's city fringe.
Updated on July 12, 2024