Nestled in a serene cul-de-sac at 3/87 Nikau Street, New Lynn, Auckland, this residential ownership home unit boasts 2 well-appointed bedrooms and a sleek bathroom. Constructed in 1979 with fibrous cement walls and an iron roof, the property sits on a level contour with an average condition for both walls and roof. It is a cross-lease with a floor area of 61 square meters and a freehold title, which means no body corporate fees to worry about. The contemporary design is complemented by a secluded patio, ideal for hosting gatherings and enjoying the seamless integration of a bright, open floor plan that extends into a private courtyard for year-round entertainment. The property includes a designated parking space and additional street parking.
As for the financials, the capital value has seen a significant increase from $370,000 in July 2017 to $590,000 as of June 2021, marking a growth of 59.46%. The HouGarden AVM estimates the property at $582,500, while the latest sale history includes a sale in October 2020 for $545,000 and an earlier one in June 2003 for $154,000.
For families with children, the property falls within the zones of several schools. Kelston Intermediate has a decile rating of 2, Kelston Boys' High School and Kelston School are rated 3, and Kelston Girls' College has a decile rating of 2. This is a perfect opportunity for those seeking a quality education for their children.
Updated on November 27, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.08 km | 3 | 1 | -m2 | 2024 11 07 | - | Council approved | |
 | 0.22 km | 3 | 1 | -m2 | 2024 09 01 | $635,000 | Council approved | |
 | 0.18 km | 5 | 3 | -m2 | 2024 08 20 | - | Council approved | |
 | 0.16 km | 3 | 1 | -m2 | 2024 08 01 | $920,000 | Council approved | |
 | 0.18 km | 5 | 3 | 164m2 | 2024 08 01 | $995,000 | Council approved |