Nestled in the serene environment of 3/20 Turama Road, Royal Oak, this 1973-built, brick-and-tile two-bedroom unit with a floor area of 92 square meters is a gem on a cross-lease title. The property features an average condition brick exterior and tiled roof, offering a solid foundation for comfortable living. Inside, the open-plan layout, complete with a modern kitchen and built-in wardrobes in the two spacious bedrooms, provides an inviting atmosphere. The government's capital value (CV) has seen a significant increase from $770,000 in 2017 to $1,075,000 as of 2021, indicating a growth of 40%. HouGarden's AVM estimates the property at $1,047,500, while the latest sale history shows a sold price of $821,600 in 2024 and $255,000 in 2003.
With a CV increase that outpaces the market average, this property is not just a home but a sound investment. The location is further enhanced by its proximity to the Royal Oak Mall and Cornwall Park, offering both convenience and a peaceful lifestyle. The property enjoys access to a range of schools, including Baradene College, a decile 9 secondary school, and Royal Oak School, a decile 8 contributing school, ensuring quality education for the family.
Whether you're seeking a starter home, an investment opportunity, or a place to downsize, this property, set in a quiet cul-de-sac, provides the perfect blend of comfort, convenience, and potential for growth, making it an opportunity not to be missed.
Updated on August 01, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.22 km | 3 | 2 | 0m2 | 2024 10 01 | - | Council approved | |
 | 0.25 km | 1 | 1 | 43m2 | 2024 09 12 | $580,000 | Council approved | |
 | 0.20 km | 3 | 1 | 0m2 | 2024 09 01 | $815,000 | Council approved | |
 | 0.25 km | 3 | 124m2 | 2024 08 02 | $780,000 | Council approved | ||
 | 0.01 km | 4 | 1 | 0m2 | 2024 07 30 | - | Council approved |