1/12 Taranaki Road, Kohimarama, Auckland

Nestled just a stone's throw away from the popular Kohimarama beach, this ground-level 2-bedroom solid brick unit at 1/12 Taranaki Road, Kohimarama, Auckland - City, offers contemporary living and coastal convenience. The property features an open-plan layout with a seamless flow from the living area into a private courtyard, perfect for morning coffees or evening gatherings. The kitchen has been updated with a sleek engineered stone benchtop, and the bathroom refreshed with contemporary fixtures. With a floor area of 80m², the unit is part of a Cross-Lease title and falls under the 'Residential - Ownership home units' category. Built in 1969, it boasts good condition mixed materials for both walls and roof, on a level property contour.

The capital value of the property has seen a significant increase, from $840,000 in July 2017 to $1,080,000 in June 2021, marking a 28.57% growth. The HouGarden AVM estimates its value at $1,062,500. Its sale history reveals a steady appreciation, with the latest sale at $800,000 in March 2017, up from $408,000 in June 2011. This unit's value growth and strategic location near Eastridge shopping centre and Mission Bay make it an attractive investment or first-home buyer opportunity.

Located within excellent school zones, this property is zoned for Kohimarama School and St Ignatius School (St Heliers), both with a decile rating of 10, and for secondary education, it falls under the zones for Baradene College (decile 9) and Selwyn College (decile 4). This prime location offers a blend of quality education options and lifestyle, with easy access to the CBD, Kohimarama Tennis Club, and vibrant local eateries.

Updated on March 21, 2024.