2/28 Tranmere Road, Sandringham, Auckland City

Nestled in the serene Sandringham, this 3-bedroom, 1-bathroom residence with a single carpark is a gem in the Auckland property market. Constructed in 1970 with a mix of fibrous cement walls and an iron roof, this cross-lease property sits on a level contour, ensuring no flooding, even during the Auckland floods of 2023. The home, designed by Walker Henry, presents a unique opportunity with a capital value (CV) of $1,260,000, reflecting a growth of 46.5% since 2017. Enjoy the privacy and security of a covered carport and side entrance, without the hassle of body corporate fees. The northwest-facing sunny backyard is perfect for relaxation and entertainment. The property is zoned for the esteemed Mt Albert Grammar School (Decile 7) and Balmoral School (Decile 9), ensuring top-notch education for your children. With a HouGarden AVM of $1,225,000 and a latest sale history of $610,000 in 2015, this property offers exceptional value in a prime location, close to amenities and public transport.

History shows a significant increase in value, from a sale price of $192,000 in 2002 to the current CV, making it a sound investment. If you're looking for a solid, well-positioned home in a desirable school zone, this could be the deal of the century at an asking price of $699,000!

Education is a priority, with the property being in the zone for highly regarded schools such as Mt Albert Grammar School (Secondary, Decile 7) and Balmoral School (Full Primary, Decile 9), ensuring your children have access to quality education. This property is not just a home but a smart investment in your family's future.

Updated on July 23, 2024