Nestled at the end of a quiet cul-de-sac on La Veta Avenue, this 1970-built residential unit boasts a brick exterior and tiled roof, both in good condition. It offers 2 bedrooms, an open plan living area, and a floor space of 102 square meters, all set on a level contour. This cross-lease property, with a current Capital Value (CV) of $1,050,000, has seen a growth of 33.2% since 2017, reflecting a sound investment. The property is complemented by its exclusive access to the highly sought-after Mount Albert Grammar School, a secondary school with a decile rating of 7.
With a HouGarden AVM estimate of $960,000 and a latest sale record in 1998 at $220,000, this property presents a lucrative opportunity. The CV increase speed and the desirable school zone make it an attractive option for both first-home buyers and those looking to downsize.
Education facilities in the area are impressive, with the Mount Albert Grammar School being the highlight. Additionally, the Owairaka District School and Kowhai Intermediate School, with decile ratings of 3 and 7 respectively, offer a range of educational options for families.
Updated on December 03, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.16 km | 3 | 1 | -m2 | 2024 11 21 | - | Council approved | |
 | 0.05 km | 3 | 1 | 88m2 | 2024 10 23 | - | Council approved | |
 | 0.13 km | 4 | 162m2 | 2024 10 09 | $1,330,000 | Council approved | ||
 | 0.15 km | 3 | 1 | -m2 | 2024 09 06 | - | Council approved | |
 | 0.06 km | 4 | 2 | 190m2 | 2024 08 21 | - | Council approved |