5/1 Pimento Place, New Lynn, Auckland - Waitakere

Nestled in the serene cul-de-sac of Pimento Place, New Lynn, Auckland, this 4-bedroom, 1-bathroom residential dwelling with a cross-lease title presents an opportunity for modern living. Constructed in 1979 with iron roofing and wooden walls in good condition, the property sits on a level contour. The 100sqm floor area is complemented by a separate 1-bedroom wing, ideal for extended family or work-from-home convenience, with its own external access, kitchenette, and bathroom. The property has seen a 44.72% increase in Capital Value from $615,000 in 2017 to $890,000 as of June 2021. The HouGarden AVM estimates the property at $867,500, while the latest sale was in 2003 for $221,000. The home is zoned for the decile 5 Arahoe School, Blockhouse Bay Intermediate, and the decile 8 Green Bay High School, ensuring quality education within walking distance. The private and secure fully fenced section, with a double carport, is perfect for young families, retirees, or investors seeking a great yield.

Updated on July 22, 2024