4/28 Cadman Avenue, Greenlane, Auckland

Nestled in the tranquil cul-de-sac of Cadman Avenue, Greenlane, Auckland, this charming residence boasts a comfortable floor area of 64m2. Constructed in the 1930s with wood walls and tiled roofing, this cross-lease property has been well maintained, showcasing a good wall and roof condition. It features 2 bedrooms, 1 bathroom, and is devoid of car parks. The capital value has seen a significant increase from $640,000 in 2017 to $840,000 as of June 2021, reflecting a growth rate of 31.25%. The property is heated by a gas fireplace and offers a north-facing lounge that opens up to a serene outdoor decking area.

As per the latest market estimates, the HouGarden AVM values this property at $805,000. The most recent sale was recorded on August 21, 2024, at $688,000, following a sale in 2012 at $376,000. This indicates a promising investment opportunity in a centrally located property.

For families with school-aged children, the property falls within the zones of several reputable schools. Baradene College, a secondary school with a decile rating of 9, Oranga School with a decile of 3, Ellerslie School, a full primary with a decile of 9, and One Tree Hill College, a secondary school with a decile of 3, are all within easy reach.

Updated on October 09, 2024