2/5 Sarawia Street, Newmarket, Auckland

This exquisite 1930s Art Deco unit, with its 1 bedroom and 1 bathroom, is a rare find in the heart of Newmarket. It sits on a unit title and offers a floor area of 45sqm, complemented by a mixed-material roof and roughcast walls. This property has seen a significant Capital Value (CV) increase of 21.15% from $520,000 in 2017 to $630,000 as of June 2021. The latest sale history includes transactions in 2015 for $450,000 and in 2006 for $257,000. HouGarden AVM estimates the property's value at $602,500. Whether you seek tranquility or convenience, this home provides both, being in a quiet cul-de-sac and minutes away from amenities and the CBD. It's not just a home but a piece of Newmarket's history.

For families, the school network is a significant plus. The property falls within the zones of Parnell School (Full Primary, Decile 9), Auckland Grammar (Secondary, Decile 9), Newmarket School (Contributing, Decile 7), and Epsom Girls' Grammar School (Secondary, Decile 9), ensuring top-notch education for children of all ages.

At $589,000, this property is a red-hot opportunity for first-time buyers, investors, or those looking to downsize while retaining the charm and convenience of city living.

Updated on April 19, 2024