Positioned in the serene cul-de-sac of 1/27 Raleigh Road, Northcote, this residential dwelling boasts 3 bedrooms, 1 bathroom, and a double carport. Constructed in the 1950s with wood walls and an iron roof, both in good condition, this cross-lease property is set on a site with an easy/moderate contour. The capital value has seen a significant increase from $830,000 in 2017 to $970,000 as of June 2021, reflecting a growth rate of 16.87%. The latest sale was recorded at $955,000 in 2022, a substantial rise from the $550,000 sale in 2012. HouGarden AVM estimates the property's value at $887,500.
With a floor area of 86 square meters, the home features spacious open-plan living with charming timber floors, a modern kitchen and bathroom, and a heat pump for all-season comfort. The north-east facing deck is perfect for summer BBQs, while the thoughtfully landscaped garden provides a private retreat. The property falls within the zones of several esteemed schools, including Onepoto School with a decile rating of 1, Northcote Intermediate at 6, Northcote School at 9, and Northcote College at 7, making it an ideal choice for families.
Centrally located, the property is a short stroll from the upcoming Northcote town center, close to parks, cycling paths, and with easy access to Auckland CBD and local amenities. This charming home, with its fabulous location and potential for future value adds, is an opportunity not to be missed.
Updated on December 06, 2024