138b Coates Avenue, Orakei, Auckland

Discover the charm of 138b Coates Avenue, Orakei, Auckland - City, a 1980s designed townhouse that has been meticulously reclad in 2004 with an external HiTex Diamond cavity system. This property boasts a superb floor plan and layout across its 145sqm (approx.) of floor area, featuring three double bedrooms, two renovated bathrooms, and a single garage with internal access plus off-street parking. The living areas are adorned with timber flooring and enjoy superb flow to a sunny covered deck, perfect for entertaining. The home is situated on an easy/moderate fall contour, with the exterior walls constructed of Roughcast and an Iron roof, both in good condition. This Cross-Lease property is a perfect family home or lock up and leave opportunity, with low maintenance grounds and ample storage space under the house.

The property has seen a significant capital value increase, from $1,475,000 on July 1, 2017, to $1,700,000 on June 1, 2021, marking a 15.25% growth. The latest HouGarden AVM estimates the property's value at $1,670,000. It has a history of sales, with the most recent being $1,400,000 on November 21, 2020, and previously $312,000 on July 19, 1995. This demonstrates the property's solid investment potential and its appeal in the market.

Located in a sought-after school zone, this property offers access to Orakei School (Full Primary, decile 4), Selwyn College (Secondary, decile 4), and Baradene College (Secondary, decile 9), providing excellent educational opportunities for families. The vibrant Coates Ave cafes and shops, Orakei Bay Village, and the stunning Orakei Basin/Hobson Bay walkways are just a few minutes away, enhancing the lifestyle of its residents.

Updated on March 22, 2024.