Nestled at the prestigious upper level of Royal Terrace, this 1970s, 83 sqm (approx.) two-bedroom, one-bathroom unit with a carpark, exudes spaciousness. It boasts a Cross-Lease title, concrete walls, tiled roof, and has undergone a tasteful renovation. The property, with an average wall and roof condition, is situation on a level contour, within a peaceful complex in Sandringham, Auckland. The capital value has seen a significant increase from $640,000 in 2017 to $820,000 as of June 2021, a rise of 28.125%. The latest sale was recorded at $715,000 in 2018, after a previous sale at $335,000 in 2011. HouGarden AVM estimates the property's value at $765,000.
For families, the property falls within the zones of highly regarded schools. Mt Eden Normal School has a decile rating of 10, while Mt Albert Grammar School, Kowhai Intermediate School, and Balmoral School (Auckland) Zone B are rated 7 and 9 respectively. Auckland Girls' Grammar School is also in proximity. These educational institutions are a significant draw for families seeking quality education.
With a crisp white decor, stylish fittings, timber laminate floors, and a cozy heat pump, the unit offers an inviting open plan living and dining area. The kitchen is equipped with ample cabinetry and modern appliances. The north-facing balcony is perfect for social gatherings. This property is ideal for first home buyers, professional couples, investors, and downsizers, given its prime location close to amenities, Eden Park, and easy access to the city center.
Updated on May 10, 2024