5g/6 Piwakawaka Street, Eden Terrace, Auckland

Nestled in the heart of Eden Terrace, Auckland, this 2-bedroom, 1-bathroom apartment with a carpark is a gem in the residential market. Constructed in 2005 with concrete walls and an iron roof, this unit title property boasts an average condition with a floor area of 70 square meters. The highlight of this penthouse is its extra-high ceilings, offering a unique sense of space and filled with all-day sun thanks to its abundance of windows, ensuring ample light and excellent airflow.

With a Capital Value (CV) of $700,000 as of June 2021, this property has seen a growth of 6.06% from its previous CV of $660,000 in July 2017. The HouGarden AVM estimates the property's value at $705,000, while the latest sale history shows transactions at $670,000 in both 2024 and 2017. This apartment complex is not only well-built but also centrally located, with easy access to the CBD and motorway, and great potential for further capital gain.

For families, the school zone is a significant plus. It includes Pasadena Intermediate and Western Springs College, both with a decile rating of 8, Newton Central School (decile 7), Mt Albert Grammar School (decile 7), Kowhai Intermediate School (decile 7), and Auckland Girls' Grammar School (decile 3). This property is not just a home but an investment in a promising future.

Updated on September 04, 2024