1/12 Piccadilly Place, Kohimarama, Auckland

Nestled in the serene cul-de-sac of 1/12 Piccadilly Place, Kohimarama, this charming residential unit boasts 3 bedrooms, 1 bathroom, and a single car park. Constructed in the 1960s with a mix of materials for the walls and iron for the roof, this property sits on a Cross-Lease ownership with a level contour and a well-maintained garden. The capital value has seen a rapid increase of 29.79%, from $940,000 in 2017 to $1,220,000 as of June 2021, echoing the rising demand for properties in this prime location. The HouGarden AVM estimates the property's worth at $1,170,000, while the latest sale in 1999 was for $260,000, indicating significant appreciation over the years.

For families with school-aged children, the property falls within the zones of highly-rated schools such as Baradene College (decile 9), Selwyn College (decile 4), Kohimarama School (decile 10), and St Ignatius School (St Heliers) with a perfect decile score of 10. This not only ensures quality education but also adds to the property's investment value. With a floor area of 96 square meters, this home offers comfortable single-level living, providing a peaceful haven amidst the bustling city life of Auckland.

Located in a sought-after area, the property is a short distance from the picturesque Kohimarama beach, coastal walkways, parks, and various recreational facilities. It's also conveniently close to the Eastridge Shopping Centre and public transport, with the Auckland CBD being just a 15-minute drive away. This is an opportunity not to be missed, offering affordability in one of the most desirable parts of the Central Eastern Bays.

Updated on April 19, 2024