3/15 Sarawia Street, Newmarket, Auckland

Nestled in the heart of Newmarket, Auckland, at 3/15 Sarawia Street, this residential ownership home unit boasts 3 bedrooms, 2 carparks, and a generous floor area of 156 square meters. Constructed in 1990 with roughcast walls and a mixed-material roof, both the walls and roof are in good condition. It sits on a level contour and is governed by a Unit Title. This property is a concrete example of a sound investment, currently listed at $1.26M, below its CV of $1.5M as of June 2021.

Since July 2017, the capital value has seen a substantial increase of 56.25%, reflecting its growing worth. The HouGarden AVM estimates the property at $1.289M, while the latest sales history shows transactions at $1.205M in May 2019 and $1.2M in December 2017. This is an opportunity not to be missed, with the potential for real capital gain in a highly sought-after location.

For families with school-aged children, this property is in the zone for elite schools such as Parnell School (Full Primary, Decile 9), Auckland Grammar (Secondary, Decile 9), Newmarket School (Contributing, Decile 7), and Epsom Girls' Grammar School (Secondary, Decile 9). It's a chance to secure a prime property with educational excellence at your doorstep.

Updated on August 20, 2024