Nestled in the serene Point Chevalier, this 2-bedroom, 1-bathroom dwelling with a single car park presents an opportunity like no other. Constructed in 1980 with wood exterior walls and an iron roof, both in good condition, this cross-lease property boasts a level contour and a floor area of 65 square meters. The capital value has seen a rapid increase from $1,120,000 in July 2017 to $1,450,000 as of June 2021, reflecting a growth of 29.46%. The property is located at 10 Wakatipu Street, a quiet cul-de-sac that offers tranquility while being moments away from amenities.
With a HouGarden AVM of $1,224,500 and a latest sale record of $528,000 in December 2012, this property is priced attractively at $1,195,000. It has been renovated in March 2019, offering an immaculate presentation with modern contemporary vibes. The sunny northwest aspect ensures abundant natural light and warmth throughout the year. It's a prime location with easy access to parks, the beach, cafes, and shops, making it a perfect blend of tranquility and convenience.
For families with children, the property falls within the zones of Pasadena Intermediate (Decile 8), Pt Chevalier School (Decile 10), and Western Springs College (Decile 8), ensuring top-notch education opportunities. This property is not just a home but a wise investment, having been attractive to tenants for the past 11 years with a rental assessment of $750 to $775 per week. Including amenities like a clothes dryer, fridge, dishwasher, and heat pump, this is a chance not to be missed.
Updated on April 10, 2024