6a Marei Road, Ellerslie, Auckland

Located at 6a Marei Road, Ellerslie, Auckland - City, this residential dwelling is a perfect canvas for renovation enthusiasts. With three bedrooms and a floor area of 106 square meters, the property is constructed with fibrous cement walls and an iron roof, both in good condition. Built in 1993 on a level cross-lease land, it lacks a carpark but offers a unique opportunity for transformation. The property is nestled in a prime location near Ellerslie Village and the train station, ideal for those looking to craft a lifestyle with easy motorway access and proximity to the "Central Park" business centre.

Since its last sale in 1993 for $152,000, the property has seen a significant increase in capital value, reaching $1,250,000 by June 2021 from $950,000 in July 2017, marking a 31.58% growth. The HouGarden AVM estimates its value at $1,019,000. This property is being sold "as is" by an offshore vendor, presenting a golden opportunity for builders or DIY enthusiasts to renovate and personalize, especially considering its current price well below the CV.

Backing onto One Tree Hill College and zoned for Ellerslie and Oranga Schools, this property is also in proximity to Baradene College and One Tree Hill College, both with a decile rating of 9 and 3, respectively. This makes it an ideal location for families looking for quality education options.

Updated on April 05, 2024.