Nestled at 2/25b Balmain Road, Birkenhead, Auckland - North Shore, this residential ownership home unit boasts 2 bedrooms, 1 bathroom, and a carpark. Constructed in 1960 with brick walls and tiled roofing, the property sits on an easy/moderate fall contour. The smartly refurbished unit offers open-plan living on a 1/3 share of 2215sqm, ensuring secure, secluded privacy, and all-day sun thanks to its northwest facing. Notably, the capital value has surged by 31% from $550,000 in 2017 to $720,000 as of 2021, with a HouGarden AVM of $725,000. The latest sale history shows a transaction at $688,000 in 2024 and $454,000 in 2014. This property falls within the decile 6 Birkdale Intermediate School zone and the decile 10 Chelsea School zone, adding to its educational value.
With a CV of $290,000, this property presents a lucrative opportunity for investors. The unit is move-in ready, complete with a carport and visitor parking, and is conveniently located a short walk from the bus and local shopping. Be quick, as such a well-appointed unit in a sought-after location won't last long. Present all offers, as the vendor is looking to move on.
Enjoy the serenity of a brick and tile hideaway in a prime school zone.
Updated on September 11, 2024