3/38 Merton Road, Saint Johns, Auckland

Nestled in the serene neighborhood of Saint Johns, Auckland - City, the property at 3/38 Merton Road is a testament to classic design and convenience. This residential unit, part of a small enclave, boasts 2 bedrooms, 1 bathroom, and a carport for parking. The single-level unit spans a floor area of 60 square meters, with a generous master bedroom featuring a large wardrobe. Its simple yet functional kitchen offers ample storage and potential for upgrades. The living area opens up to a spacious grassed yard, perfect for relaxation or entertainment. Constructed in 1960, the property features brick walls and tile roofing, both in good condition, and sits on a level contour under a Unit Title ownership.

Over the years, the property has seen significant financial growth. From a capital value of $580,000 in July 2017, it surged to $760,000 by June 2021, marking a 31.03% increase. The latest HouGarden AVM estimates its value at $750,000. The property's sale history highlights its appreciating value, with sales recorded at $535,000 in May 2015 and $135,000 in January 2001. This upward trend underscores the property's potential as a smart financial investment.

Education is a priority, and this property does not disappoint. It is zoned for Stonefields School and Selwyn College, both reputable institutions with decile ratings of 9 and 4, respectively. Stonefields School offers full primary education, while Selwyn College caters to secondary education from Year 9 to 15. Baradene College, another esteemed secondary school (Year 7-15), is also within reach, boasting a decile rating of 9. This property is not just a home but a gateway to quality education.

Updated on March 22, 2024.