33 Shakespeare Road, Milford, Auckland - North Shore

Nestled in the prestigious Milford neighborhood of Auckland's North Shore, this 1967-built freehold property on 33 Shakespeare Road is a gem waiting to be discovered. Consisting of 5 well-appointed, 2-bedroom, 1-bathroom brick units, it spans across a flat 1,265m2 with a total floor area of 300m2. The property boasts an average brick exterior and a tiled roof, both in average condition, presenting a sound investment opportunity with immense potential for development. Currently zoned for Residential Mixed Housing Urban, it is a stone's throw away from Milford Shopping Centre and is conveniently located near top-rated schools, beaches, and amenities.

As per the latest records, the property's Capital Value has seen a remarkable increase from $2,525,000 in July 2017 to $5,100,000 as of June 2021, reflecting a growth rate of 101.98%. The HouGarden AVM estimates the property's value at $4,885,000, making it an attractive prospect for investors. The recent sales history and rapid CV appreciation underscore the property's potential as a solid long-term investment.

Educationally, the property falls within the zones of esteemed institutions such as Westlake Boys' and Westlake Girls' High Schools, both with a decile rating of 9. Additionally, Milford School and Takapuna Normal Intermediate, also rated 9, are in close proximity. This makes the property an ideal choice for families seeking prime educational opportunities for their children.

Updated on April 28, 2024