Nestled in the serene cul-de-sac of Morrin Street, Ellerslie, Auckland, this 2-bedroom, 1-bathroom residential unit with a single car park offers a prime living experience. Constructed in 1960 with fair condition brick walls and an iron roof, it sits on a level contour with a cross-lease title. The property's capital value has seen a rapid increase from $690,000 in 2017 to $920,000 as of June 2021, reflecting a growth rate of 33.33%. The latest sale history includes a transaction at $745,000 in 2024 and $570,000 in 2015. HouGarden AVM estimates the property's value at $897,500.
With a prime location that borders Ellerslie and Remuera, the home is in close proximity to highways, public transport, and is within walking distance to local amenities such as Ellerslie Village, Train Station, and Greenlane Shopping Centre. The unit features an open-plan living and dining area, a modern kitchen, and cozy bedrooms, making it ideal for small families, couples, investors, or those looking to downsize. Notably, it is within the catchment area of esteemed schools such as Ellerslie School, One Tree Hill College, and Baradene College, all with high decile ratings.
This charming home is not only an oasis in the suburbs but also a smart investment with its increasing capital value and proximity to top educational institutions. Don't miss the opportunity to own this Auckland Ellerslie gem.
Updated on August 01, 2024