110c Grey Street, Onehunga, Auckland

Nestled in a serene cul-de-sac at 110c Grey Street, Onehunga, Auckland, this 1984-built residential unit boasts a practical two-bedroom, one-bathroom layout within its 90 square meters of floor area. The dwelling, with a roof of tiles and walls of mixed materials in good condition, is governed by a Unit Title. Since 2017, the Capital Value (CV) has seen a rapid increase of 38.55%, reaching $1,150,000 as of June 2021. The property's latest sale in 2015 was for $620,500, while the current HouGarden AVM estimates it at $1,140,000.

With a promising CV growth history and a well-maintained structure, the property presents an attractive opportunity for investors, first home buyers, or those looking to downsize. Its location not only offers tranquility but also convenient access to public transport and the nearby train station. Shopping at Dress Smart is a short distance away, enhancing the overall appeal of the property's location. Furthermore, the property falls within the zones of Onehunga Primary (Decile 4), Royal Oak Intermediate (Decile 2), and Onehunga High School (Decile 3), making it an ideal choice for families.

Educationally endowed, the property is in the vicinity of Baradene College, a prestigious secondary school with a Decile rating of 9. This combination of a desirable address, potential for further value appreciation, and access to quality education makes this property an excellent investment for those seeking a solid start or a lock-up and leave option in a thriving community.

Updated on November 25, 2024