Nestled in the serene Cranbrook Place, this 2-bedroom, 1-bathroom unit with a single carpark presents an ideal opportunity for first-time buyers, downsizers, or investors. Constructed in 1988 with fibrous cement walls and an iron roof, this unit exudes warmth and practicality. The property, with a floor area of 59sqm, holds a Unit Title and is situated in a level contour, ensuring ease of access and a tranquil living environment. The capital value has seen a significant increase from $620,000 in 2017 to $880,000 as of June 2021, reflecting a growth rate of 41.94%. The latest sale was recorded at $620,000 in 2018, with a HouGarden AVM estimate of $872,500, indicating a sound investment prospect.
Educationally, the property falls within the zones of highly-rated schools such as Baradene College, St Ignatius School, Glendowie School, and Glendowie College. These institutions offer a decile rating of 9 or 10, ensuring top-notch education for the family. The location, in a quiet cul-de-sac, not only provides a peaceful atmosphere but also easy access to beaches, parks, and the best that Auckland’s eastern suburbs have to offer.
Boasting an open-plan kitchen, dining, and living area that leads to a private, northerly-facing patio, this home is perfect for entertaining. The tastefully renovated interiors, including the modern bathroom, are move-in ready. With such a combination of desirable features, an accelerating CV, and an enviable school network, this property is not just a home but a wise investment choice.
Updated on November 07, 2024