Nestled on a serene cul-de-sac at 20a Princes Street, Riverhead, Auckland, this charming freehold property built in 1960 is a gem in the residential market. With 5 bedrooms, 2 carparks, and a spacious floor area of 170sqm, it sits on a levelled 637sqm section. The residence features wood walls in good condition, tiled roofing, and boasts high stud ceilings, polished wood flooring, and an open plan kitchen and living area that exudes elegance. The capital value has seen a remarkable increase of 36.67% from $900,000 in 2017 to $1,230,000 as of June 2021. The HouGarden AVM estimates it at $1,220,000, while the latest sales were recorded at $1,275,000 in 2021 and $1,350,000 in 2018. This property is not only a perfect haven for families with its comfortable year-round air conditioning but also an excellent investment with its promising CV growth.
For families with school-going children, the property falls within the zones of Massey High School (Decile 4), Riverhead School (Decile 9), and St Paul's School (Massey) (Decile 4), ensuring access to quality education. The location is not only prestigious but also convenient, with proximity to parks, rugby clubs, children's playgrounds, and popular dining spots like The Beekeepers Wife and The Riverhead.
With its combination of privacy, comfort, and investment potential, this property is a rare find in the sought-after Riverhead area.
Updated on November 07, 2024