Nestled in the prime Milford area, this 2-bedroom, 2-car park home boasts an iron roof and brick exterior walls, maintained in good condition since its construction in 1976. As a unit title property, it presents a unique opportunity for renovators and investors to add value. The capital value has shown a 10.07% increase from $1,440,000 in 2017 to $1,585,000 as of June 2021. The HouGarden AVM estimates the property's worth at $1,324,500, while the latest sales history includes transactions at $435,000 in 2003 and $265,000 in 1995.
With a floor area of 160 square meters, this residence is situated in a level contour, enjoying a sunny position and elevated views of the Marina. It's a perfect lock up and leave property, ready for the next owner to transform it into a Marina gem. The location is not only convenient to Milford Beach and the Marina, but it's also within a highly sought-after school zone. The nearby schools, such as Westlake Boys' and Girls' High Schools, Milford School, Takapuna Normal Intermediate, and Takapuna Grammar School, all have high decile ratings of 9 or 10.
For those eager to capitalize on a prime location and add their personal touch to a property, this Milford Marina makeover opportunity is not to be missed.
Updated on November 27, 2024