7a Ewenson Avenue, One Tree Hill, Auckland

Nestled in the coveted Ellerslie School and Remuera Intermediate Zones, this delightful home at 7a Ewenson Avenue, One Tree Hill, Auckland, boasts 3 bedrooms and 1 bathroom. Constructed in 1988 with a fibrous cement exterior and tiled roof, both in good condition, it sits on a level contour. The 81sqm floor area is complemented by an open-plan living and dining space that leads to a private deck, patio, and a sizeable garden. The property, with a current Capital Value (CV) of $1,225,000, has seen a growth of 16.67% since 2017. It features a heat pump for year-round comfort, and the cross-lease ownership provides exclusive use of a driveway, double carport, and garden shed. The latest sale was in 2009 for $401,500, while HouGarden AVM estimates it at $1,175,000. Backing onto Rockfield Reserve and close to amenities, this family haven is perfect for those seeking an affordable entry into a desirable area.

With a CV increase that outpaces the market and a history of steady value growth, this property presents a sound investment. The latest CV reflects a $122,500 rise from the $1,050,000 valuation in 2017. The property's AVM from HouGarden aligns closely with this figure, indicating a fair market value. The previous sale in 2000 was for $233,600, showcasing a significant appreciation over the years.

For families with school-age children, the property falls within the Ellerslie School (Decile 9), Remuera Intermediate (Decile 8), and is close to Baradene College (Decile 9) among others. These high-ranking schools are a significant draw for families looking to settle in a quality educational zone.

Updated on October 04, 2024