Nestled in the heart of Mount Wellington, Auckland, this charming residential dwelling at 12 Johnston Road boasts a versatile layout with 3 bedrooms upstairs and a cozy rumpus room downstairs. Constructed in 1950 with wood walls and an iron roof, this cross-lease property sits on an easy-to-moderate rise contour. It features a separate lounge, kitchen, and laundry, along with a spacious bathroom and a sun-drenched living area. The property has a capital value of $1,200,000 as of June 2021, showing a 33.33% increase from its $900,000 valuation in July 2017. The HouGarden AVM estimates the property at $1,150,000, while the latest sales were recorded at $205,000 in 2002 and $215,000 in 1996. This home is perfect for those looking to enter the property market with potential for profit through renovation or to make it their own.
With a CV increase that outpaces the market, this property is not just a home but a sound investment. The big backyard and residential-mixed housing urban zone provide further potential for enhancement or development. For families, the property falls within the zones of Baradene College (decile 9), One Tree Hill College (decile 3), Bailey Road School (decile 3), and Sylvia Park School (decile 2), ensuring access to quality education.
After 22 years, this property is ready for new ownership. Don't miss the opportunity to transform this well-sized property into something truly extraordinary.
Updated on October 02, 2024