1/40 Speight Road, Kohimarama, Auckland

Nestled in the serene cul-de-sac of 1/40 Speight Road, this 1970s concrete block unit boasts a desirable 'on the flat in Kohimarama' lifestyle. With 2 bedrooms, a modern kitchen, and a spacious covered deck, it extends the living space to the outdoors. The property, with a capital value of $1,400,000 as of June 2021, has seen a growth of 27.27% since July 2017. It sits on a level contour with good walls and an average roof. The latest sale was in December 2019 for $970,000, while the HouGarden AVM estimates it at $1,367,500. This freehold property offers easy access to the beach and is within the zones of highly rated schools such as Kohimarama School (decile 10) and Baradene College (decile 9), making it an ideal choice for a variety of homeowners.

History shows a significant increase in the property's capital value, reflecting its appeal and investment potential. The contemporary design and prime location near the waterfront provide an enviable lifestyle, perfect for downsizers, retirees, couples, singles, or small families. The property's value is further enhanced by its inclusion in the sought-after school zones of Selwyn College (decile 4) and St Ignatius School (decile 10), ensuring quality education for residents.

Embrace a serene retreat with this unit, which includes a single car garage and direct access to the beach walkway. It's a chance to own a piece of paradise in the heart of Kohimarama, where the combination of a freehold waterfront lifestyle and exceptional value for money is hard to beat.

Updated on August 15, 2024