1/82a King George Avenue, Epsom, Auckland

Nestled in a serene cul-de-sac on 1/82a King George Avenue, Epsom, this charming 1960s residential unit boasts 3 bedrooms, 1 bathroom, and a single carpark. Constructed with durable brick walls and tiled roofing, the property sits on a cross-lease title with a 66sqm floor area. The capital value has seen a rapid increase, rising from $1,020,000 in 2017 to $1,220,000 as of June 2021, indicating a 19.61% growth. The property is complemented by a heat pump and enjoys an average condition for both walls and roof.

Valuation history shows a promising trend with the HouGarden AVM estimating the property at $1,135,000. The latest sale records date back to 2004 at $345,000, showcasing significant appreciation over the years. This is an ideal investment opportunity with a strong potential for capital gains.

For families with school-age children, the property falls within the double grammar zone, which includes prestigious schools such as Auckland Grammar and Epsom Girls' Grammar School, both with a decile rating of 9. Other notable schools in the area include Epsom Normal School and Baradene College, ensuring top-notch education for your children.

Updated on May 24, 2024