Nestled in the serene Hillcrest, Auckland, on 43b Velma Road, this freehold property boasts a capital value of $1,425,000 as of June 2021. The 1990-built home has been fully renovated, featuring 3 bedrooms, 2 bathrooms, and a carpark, all set on a generous 402sqm of land with an easy/moderate contour. The iron roof and wooden exterior walls are both in good condition, while the interior enjoys a versatile layout with two living areas, ground-level bedrooms, and a master bedroom with an ensuite on the second floor. The property benefits from all-day sun and direct access to McFetridge Park. Notably, the capital value has seen a significant increase over the years. The HouGarden AVM estimates the property at $1,260,000, reflecting a potential growth opportunity. It falls within the dual Westlake school zones, including TAKAPUNA NORMAL INTERMEDIATE, SUNNYBRAE SCHOOL, MARLBOROUGH SCHOOL, WESTLAKE BOYS' HIGH SCHOOL, and WESTLAKE GIRLS' HIGH SCHOOL, making it an ideal choice for families.
As for the property's financial history, the government's valuation has shown a consistent rise, indicating a sound investment. The recent sales history and rapid capital value growth percentage further underscore the property's appeal. This sunlit park-side living offers not only tranquility but also convenient access to shopping, Takapuna Golf, and motorway networks.
For families with school-aged children, the decile rating and school options are a significant draw. The property is in a highly sought-after school zone, ensuring quality education for your family. This is not just a house; it's a foundation for a bright future.
Updated on September 24, 2024