Nestled in the heart of Eden Terrace, Auckland, this inviting two-bedroom, one-bathroom apartment with two carparks is a gem for first home buyers and DIY enthusiasts. Constructed in 1998, the property boasts a unit title, aluminium exterior, mixed-material roofing, and a level contour, all in good condition. The 87sqm floor area provides ample space for potential enhancements, while the freehold status and a heat pump ensure long-term value and comfort. The property's CV has seen a growth of 7.41% from $810,000 in 2017 to $870,000 as of June 2021, with a HouGarden AVM of $862,500. The latest sale history includes a transaction at $785,000 in 2024 and $200,000 in 2012, indicating a promising investment trajectory.
For families, the property falls within a desirable school zone. Pasadena Intermediate and Western Springs College, both with a decile rating of 8, are within easy reach. Newton Central School, Mt Albert Grammar School, and Kowhai Intermediate School offer additional options, while Auckland Girls' Grammar School provides a secondary education with a decile rating of 3. This home is not just a residence but a stepping stone to quality education.
Located in a quiet cul-de-sac, this property is ready for a new owner to inject their creativity and effort. With a 'Bring your paint brush!' teaser, it's an opportunity to transform this blank canvas into a personalized haven. Currently vacant and waiting to be discovered, this apartment is a perfect blend of convenience, potential, and a sound investment.
Updated on November 13, 2024