5a Geddes Terrace, Avondale, Auckland

Located at 5a Geddes Terrace, Avondale, Auckland - City, this residential ownership home unit is a testament to modern living blended with a family-friendly lifestyle. The property boasts 2 bedrooms, a spacious 115 m2 floor area, and is constructed with fibrous cement walls and an iron roof, both in good condition. Built in 2018, it sits on a level contour with a Unit Title ownership type, offering a unique living experience. Despite having no car parks, its design compensates with a single garage and an off-street parking option, alongside a fully fenced functional courtyard perfect for summer BBQs.

From a financial perspective, the property has seen a significant increase in capital value, from $650,000 in July 2017 to $800,000 in June 2021, marking a 23.08% growth. The HouGarden AVM estimates its value at $765,000. Its sale history reveals a steady appreciation, with transactions recorded at $620,000 in May 2017 and $680,000 in December 2019. This trend underscores the property's solid investment potential and its appeal in the current market.

In terms of education, the property is zoned for Avondale Primary School (Auckland) with a decile rating of 3, Avondale Intermediate with a decile rating of 2, and Avondale College, a secondary school (Year 9-15) with a decile rating of 4. This diverse range of educational institutions caters to families with children in different stages of their schooling, making it an ideal location for educational growth.

Updated on April 05, 2024.