1 Aroha Avenue, Sandringham, Auckland

Nestled in the serene northern pocket of Sandringham, this standalone 4-bedroom, 2-bathroom dwelling with 1 carpark presents an alluring opportunity for first home buyers and investors alike. Constructed in 1960 with iron roofing and wooden walls in average condition, the property sits on a freehold land of 608 square meters, boasting a floor area of 192 square meters and enjoying an easy/moderate fall contour. The capital value has seen a 33.33% increase from $1,575,000 in 2017 to $2,100,000 as of June 2021, echoing the rapid appreciation of this desirable property. The latest sale history includes transactions of $1,817,000 in 2018 and $1,370,000 in 2016, while the HouGarden AVM estimates the property's worth at $1,920,000.

With a prime location, the property is in the zone for well-regarded schools such as Balmoral School (Decile 9), Mt Albert Grammar School (Decile 7), Kowhai Intermediate School (Decile 7), and Auckland Girls' Grammar School (Decile 3), ensuring access to quality education. The Mt Albert School and Edendale School are also within reach, both at Decile 6. This address not only promises educational excellence but also convenient access to the vibrant Morningside Precinct, Sandringham Village, and the recreational haven of Gribblehirst Park.

Currently tenanted with a rental income of $560 per week, this property is a golden pick for those seeking a sound investment or a perfect start to their homeownership journey.

Updated on December 05, 2024