52 Tea Tree Lane, Woodridge, Wellington

Nestled on a quiet cul-de-sac at 52 Tea Tree Lane, Woodridge, Wellington, this 2017-built residential dwelling boasts 3 bedrooms, a spacious semi-open plan living area, 2 bathrooms including an ensuite, and a well-appointed kitchen with dining. It sits on a freehold section of 299 square meters with a floor area of 148 square meters, featuring a steep rise contour, iron roof, and wood exterior walls in good condition. The property includes a secure internal access garage and is designed for low-maintenance living with a landscaped, fully fenced section that offers a super outlook and excellent sun without the hassle of extensive lawn mowing. It's insulated, double glazed, and located in a desirable area close to transport, shops, and top-rated schools. The capital value has seen a growth of 54.88% from $820,000 in 2018 to the current $1,270,000, with a HouGarden AVM estimate of $1,235,000. The latest sale in 2015 was for $586,000, highlighting the property's increasing value. It's within the decile 9 Newlands College and Newlands Intermediate school zones, as well as the decile 8 Bellevue School and Newlands School, and the decile 10 St Oran's College, making it an ideal investment for families.

With a CV of $1,270,000 and rates at $5,209.09 per annum, this property offers superb value and checks off all the boxes for easy, comfortable living.

Updated on July 26, 2024