Nestled in a peaceful cul-de-sac of Meadowbank, Auckland, this charming 1-bedroom, 1-bathroom unit with a single carpark is a perfect blend of convenience and privacy. Constructed in 1970 with solid brick walls and an iron roof in good condition, this cross-lease property offers a low-maintenance lifestyle. Measuring a cozy 59 square meters, it boasts a level contour and a fenced courtyard, ideal for pet lovers. The property has seen a significant Capital Value increase of 11.59%, from $690,000 in 2017 to $770,000 as of June 2021. HouGarden's AVM estimates the property's value at $715,000. Notably, the latest sales were in 2003 for $184,500 and in 1999 for $158,000. This home is in the catchment area of Baradene College (decile 9), Selwyn College (decile 4), and St Thomas School (Auckland) - a decile 10 primary school, making it an excellent choice for families.
With easy access to public transport, cafes, and schools, this property is not just a home but a smart investment. The clear instruction from the deceased estate is to sell, offering a rare opportunity to purchase below the CV by $100,000. Don't let this chance slip by. The unit's thoughtful layout, spacious living area, and versatile study provide comfort and functionality, while the detached garage adds convenience. This is an ideal property for first-time buyers, downsizers, or investors looking for a hassle-free oasis in a prime Auckland suburb.
Education is a cornerstone of any community, and this property is within a highly sought-after school zone. Baradene College, Selwyn College, and St Thomas School are all renowned for their academic excellence and contribute to the area's high decile ratings. This unit not only promises a quality education for your children but also a sound investment for your future.
Updated on May 17, 2024