Nestled at 7 Cotesmore Way, Parnell, Auckland, this residential unit boasts a prime location and a leasehold tenure that's hard to beat. The 3-bedroom, 2-bathroom end unit is spread over 3 levels with a floor area of 108 square meters, and it's 'move in ready' with a lockup garage. Constructed in 2000, the property features wood walls and an iron roof, both in average condition, making it a step above the rest in the complex. The capital value has seen a 14.63% increase from $820,000 in 2017 to $940,000 as of June 2021, while the HouGarden AVM estimates it at $945,000. This unit not only offers the benefits of a posh Parnell address at an affordable price but is also within walking distance to the CBD, Waterfront, and is close to universities and the Auckland Domain.
For families with school-aged children, the property falls within the zones of Parnell School (Full Primary, Decile 9), Epsom Girls' Grammar School (Secondary, Decile 9), Western Springs College (Secondary, Decile 8), and Auckland Girls' Grammar School (Secondary, Decile 3), offering a range of high-quality educational options. Given the high rental demand in the area, this property is not only a great investment opportunity but also a perfect home for university-bound kids or a lock up and leave option.
Currently owner-occupied and maintained with care, this rare corner suite in Parnell is ready for its new owner. Don't miss out on this opportunity!
Updated on September 23, 2024