49 Caulton Street, Saint Johns, Auckland

Nestled in the serene Saint Johns, Auckland, at 49 Caulton Street, this charming 4-bedroom residence is a perfect blend of comfort and convenience. Constructed in 1960 with wood walls and an iron roof, the property sits on a level contour with a floor area of 105sqm and a land area of 622sqm. It boasts a leasehold title, with the added benefit of a ground rent that won't renew for nearly six more years, equivalent to just $368 per week. The home has been updated to include a stunning bathroom, new carpets, and a fresh roof, ensuring year-round comfort with the inclusion of gas fire and heat pumps.

As for the financials, the property's Capital Value (CV) has seen a remarkable increase from $1,080,000 in 2017 to $1,600,000 as of June 2021, a growth rate of 48.15%. The HouGarden AVM estimates the property's value at $1,607,500, while the latest sale history dates back to 2005 at $312,500. This is an opportunity not to be missed, especially with the property's potential for additional income from a separate entrance fourth bedroom, ideal for a boarder or flatmate.

When it comes to education, the property falls within the zones of highly regarded schools. Baradene College, a secondary school with a decile rating of 9, Selwyn College with a decile rating of 4, and Stonefields School, a full primary with a decile rating of 9, are all within reach. This makes the property an attractive prospect for families with children.

Updated on September 20, 2024