4/3 Rathlin Street, Blockhouse Bay, Auckland

This delightful 1-bedroom, 1-bathroom property, nestled in a quiet cul-de-sac at 4/3 Rathlin Street, Blockhouse Bay, Auckland, is a gem for both first-time buyers and investors. Constructed in 1966 with brick walls and tiled roofing, this cross-lease property offers a comfortable 95sqm floor area. The capital value has seen a significant increase from $680,000 in 2017 to $900,000 as of June 2021, reflecting a growth rate of 32.35%. The property is in a level contour, with average wall and roof conditions, and benefits from a heat pump for year-round comfort. Adding to its appeal, it's located in a desirable school zone, with Blockhouse Bay School and Intermediate both boasting high decile ratings, and Lynfield College being in close proximity. The HouGarden AVM estimates the property's value at $862,500, while the latest sale history includes transactions at $310,000 in 2012 and $180,000 in 2003. This property is a perfect blend of convenience, comfort, and potential investment returns.

For those seeking a solid foundation in the property market or a reliable rental, this property, complete with a large single car garage, is an opportunity not to be overlooked. The added sunroom/utility and separate laundry room enhance the living space, while the northerly aspect affords views of the scenic Blockhouse Bay Recreational Park. With the seller looking to sell due to overseas relocation, this is a chance to secure a slice of the serene Blockhouse Bay lifestyle, conveniently located near transport, shops, and top-rated schools.

Embrace the 'First Home Fever' and secure this charming residence in a prime location. The price is negotiable, so seize the day and make this property yours.

Updated on October 04, 2024