3/50 Rutland Road, Mount Wellington, Auckland

Located at 3/50 Rutland Road, Mount Wellington, Auckland - City, this residential property is a testament to modern living and convenience. Featuring 2 bedrooms, 1 bathroom, and a carport for parking, this home spans a floor area of 60 square meters. Constructed in 1974, the property boasts brick walls and tile roofing, both in average condition, and sits on a level contour with a Cross-Lease ownership type. It's a beautifully presented, one-level brick unit that's part of a trio, set back from the road for added privacy and tranquility.

The property has seen a significant increase in capital value, from $620,000 in July 2017 to $800,000 in June 2021, marking a 29.03% growth. The latest HouGarden AVM estimates its value at $790,000. Its sale history includes transactions at $720,000 in November 2020 and $670,000 in February 2017. This growth trajectory underscores the property's increasing appeal and market value.

Education is a priority, with the property being in zone for Stanhope Road School (Full Primary, decile 4), One Tree Hill College (Secondary, decile 3), and Baradene College (Secondary, decile 9). This diverse range of educational institutions ensures a quality education for children of all ages. The property's location, combined with its growth in value and educational zoning, makes it an attractive option for first home buyers and investors alike.