Nestled in the serene Hillsborough, 255 Hillsborough Road presents a compelling investment opportunity on an 812 sqm freehold section. This 1950-built home with wooden exterior walls and tiled roofing boasts 2 bedrooms, 1 bathroom, and an average condition throughout. The property, with a current Capital Value (CV) of $1,300,000, has seen a remarkable increase of 26.8% since 2017. Its strategic location, within walking distance to local schools, parks, and reserves, and with easy access to motorways, the city, and the airport, adds to its appeal. The property falls under the decile 5 Waikowhai Intermediate, decile 8 Hillsborough School, and decile 3 Onehunga High School zones. The latest sale history showcases a sale price of $1,140,000 in 2021 and $800,000 in 2018, while the HouGarden AVM estimates the property's value at $1,190,000, making it an attractive prospect for developers and investors.
Updated on December 05, 2024