2/44 Turama Road, Royal Oak, Auckland

Nestled in the serene Royal Oak neighbourhood, this delightful one-bedroom property is a gem for aspiring homeowners, wise investors, or those seeking a cozy starter home. Constructed in 1972 with brick walls and tiled roofing, it exudes an air of stability and charm. The 68 square meter floor area is complemented by an ownership type of Cross-Lease, ensuring a secure investment. Notably, the property's Capital Value (CV) has seen a substantial increase from $600,000 in 2017 to $850,000 as of June 2021, reflecting a growth rate of 41.67%. In addition, the HouGarden AVM estimates the property's worth at $852,500, while the latest sale in 2009 was for $248,000.

For families with school-aged children, the property falls within the zones of several esteemed institutions. Baradene College, a secondary school with a decile rating of 9, is within reach, as are Royal Oak School (decile 8), Royal Oak Intermediate School (decile 2), and Onehunga High School (decile 3). This ensures access to quality education for children of all ages.

Located at 2/44 Turama Road, the property is in a prime location, close to shops, cafes, and public transport, with Cornwall Park just a short 100 meters away. It's a perfect blend of convenience, comfort, and potential, making it an appealing prospect for both investors and first-time buyers.

Updated on September 14, 2024