Nestled in the tranquil cul-de-sac of 1/135 Jervois Road, Herne Bay, this 1960-built, cross-lease property boasts 2 bedrooms, 1 bathroom, and a single carpark. The 85sqm floor area is complemented by an iron roof and mixed-material walls in average condition, sitting on an easy-to-moderate fall contour. The property's capital value has seen a rapid increase of 24.68% from $770,000 in 2017 to $960,000 as of June 2021. The HouGarden AVM estimates it at $950,000, with the latest sale fetching $1,020,000 in February 2022.
With a government valuation on the rise and a recent sale history reflecting strong market interest, this residence is not just a home but a sound investment. The property's value has been further enhanced by its location within the decile 8 Western Springs College zone, and close to the highly-rated Ponsonby Primary School, Ponsonby Intermediate, and Auckland Girls' Grammar School.
Enjoying a peaceful setting, yet mere minutes from public transport, vibrant cafes, and the bustling restaurants of Jervois Rd, Ponsonby, and Grey Lynn, this sun-soaked apartment is the epitome of convenient and connected living.
Updated on November 28, 2024