Nestled on an elevated site with expansive views of the city and mountains, this charming family residence at 128a Boundary Road, Blockhouse Bay, Auckland, offers an affordable lifestyle in a prime location. Constructed in 1989 with fibrous cement walls and an iron roof, this cross-lease property features 3 bedrooms, 1 bathroom, and an open-plan kitchen/dining/lounge area. The 90sqm floor area is complemented by a large private deck for summer enjoyment. Notably, the property has seen a 29.52% increase in Capital Value from $830,000 in July 2017 to $1,075,000 as of June 2021. The HouGarden AVM estimates the property's value at $1,062,500, while the latest sale was recorded in December 2013 for $530,000. The roof and walls are in average condition, and the property sits on a level contour with additional features like two garden sheds and a lemon tree.
For families with school-aged children, this property is in the zone for highly regarded schools such as Marshall Laing School (Decile 5), Blockhouse Bay Intermediate (Decile 5), and Lynfield College (Decile 6). Its convenient location is served by bus routes, is close to local shops, and provides easy access to motorways, as well as being situated between the CBD and Auckland Airport.
With potential for further enhancement, this property presents an opportunity for a discerning buyer to transform it into their ideal home while benefiting from the sought-after school zones and the increasing capital value.
Updated on November 29, 2024