Nestled in the serene Kaipiho Lane of Albany, Auckland, this 27 square meter accommodation unit, built in 2017, boasts of a solid concrete exterior and a robust iron roof, both in good condition. It features one bedroom, one bathroom, and is under the Unit Title ownership type, perfect for investors looking for a stake in the commercial accommodation sector.
With a significant Capital Value (CV) increase from $210,000 in 2017 to $325,000 in 2021, at a growth rate of 54.76%, this property's value is on the rise. The HouGarden AVM estimates it at $315,000, while the latest sales history shows transactions at $160,000 in 2024 and $212,800 in 2015, indicating a steady market interest.
For families with children, the property falls within the catchment area of esteemed schools such as Albany Senior High School (Decile 10), Albany School (Decile 9), Albany Junior High School (Decile 10), and Pinehill School in Browns Bay (Decile 10), ensuring top-notch education for all ages.
Updated on October 16, 2024