5 Ngataringa Road, Devonport, Auckland - North Shore

Nestled in a serene cul-de-sac at 5 Ngataringa Road, Devonport, this freehold property is a gem on the North Shore of Auckland. Constructed in 1965 with robust brick walls and a tiled roof, the 160sqm floor area residence boasts 3 bedrooms, 2 carparks, and sits on a steeply contoured 506sqm section. The property's capital value has seen a 34.35% increase from $1,150,000 in 2017 to $1,545,000 as of June 2021. The HouGarden AVM estimates it at $1,505,000, making it an attractive investment with potential for further growth.

With a rich history, the property's government valuation has shown consistent growth, reflecting its appeal and investment potential. The recent sale history and rapid CV increase are indicative of a thriving real estate market in the area. This home, with its untouched original features, such as the floorboards and retro kitchen, is ripe for renovation and waiting to be transformed by its next owner.

For families, the property falls within the decile 10 zone for Takapuna Grammar School, Belmont Intermediate, and Belmont School, ensuring access to some of the best educational institutions in the region. This combination of prime location, valuable CV growth, and educational opportunities makes it a perfect choice for those seeking a sound investment with long-term benefits.

Updated on July 18, 2024