12 Inkerman Street, Onehunga, Auckland

Nestled at 12 Inkerman Street, Onehunga, Auckland, this stunning freehold property is a gem in the residential market. Constructed in 1920 with wood walls and tiled roof, the house boasts 4 bedrooms and a generous floor area of 160sqm, sitting pretty on a land of 908sqm. The property's capital value has seen a remarkable increase, rising from $2,000,000 in 2017 to $2,625,000 as of June 2021, showcasing a growth rate of 31.25%. The house, with its average wall and roof conditions, offers a versatile living space, ideal for investors, land-bankers, developers, or families seeking a move into this fantastic suburb.

With a HouGarden AVM of $2,557,500 and a latest sale history dating back to 2003, the property presents a lucrative opportunity. The government's THAB zoning and the convenience of the location add to its allure. Public transport is readily accessible, and the nearby schools, including Baradene College (Decile 9), Royal Oak Intermediate School (Decile 2), Onehunga High School (Decile 3), and Onehunga Primary School, are a testament to the quality of education in the area.

Indeed, the combination of a prime location, a rapidly appreciating capital value, and a desirable school zone makes this property a golden opportunity. Whether you're looking for a quiet family life, a solid investment, or a development prospect, 12 Inkerman Street is a choice that promises returns.

Updated on July 18, 2024