Welcome to this meticulously maintained one-bedroom residence at 4/40 Mount Smart Road, a prime location in Onehunga, Auckland. This residential ownership home unit, built in 1960, boasts an iron roof and concrete walls in average condition. The property is set on a level contour and features an open-plan design that unites the kitchen, dining, and living areas, creating a sense of spaciousness and warmth. Natural light bathes the interior, complemented by easy access to a covered outdoor area for relaxation or entertainment. It includes a single car park and offers the convenience of a cross-lease title. This property is ideal for first-time buyers, downsizers, or investors seeking quality and value in a desirable area.
Notably, the capital value has seen a growth of 21.57% from $510,000 in July 2017 to $620,000 as of June 2021. The HouGarden AVM estimates the property's value at $622,500, while the latest sale history shows an increase from $330,000 in January 2016 to $486,250 in July 2020. This trend highlights the investment potential of this property.
For families with children, the property falls within the zones of several well-regarded schools. Baradene College, a secondary school with a decile rating of 9, is in close proximity. Other schools include Royal Oak School (decile 8), Royal Oak Intermediate School (decile 2), Onehunga High School (decile 3), and Onehunga Primary School (decile 4), offering a range of educational options for all ages.
Updated on September 30, 2024