Nestled in the prestigious Bays area at 114 Allum Street, Kohimarama, Auckland, this charming family home boasts a prime location and a rich heritage, built in 1950 with brick walls and tiled roofing. It offers a spacious floor area of 128 square meters, with 3 bedrooms, 2 carparks, and an open-plan living design that's perfect for both entertaining and family life. The property is under a Cross-Lease ownership and has seen a 22.22% increase in Capital Value from $1,080,000 in 2017 to the current $1,320,000 as of June 2021. The HouGarden AVM estimates the property at $1,327,500, with the latest sales recorded at $1,175,000 in 2019 and $1,005,000 in 2017.
With a property contour that's easy to moderate fall, this residence features beautiful wooden floors, high ceilings, and is equipped with a heat pump and wood burner for comfort all year round. The government valuation growth and the AVM reflect the property's appeal and investment potential. It's no surprise that this property is in high demand, given its close proximity to top-rated schools such as St Thomas School (Decile 10) and Selwyn College (Decile 4), with Baradene College (Decile 9) and St Ignatius School (Decile 10) also within reach.
For families with children, the school zone is a significant plus, ensuring access to quality education. The property's position in a quiet cul-de-sac street adds to its allure, providing a peaceful environment for family living, while still being convenient to local amenities and parks.
Updated on September 11, 2024