Nestled in the serene cul-de-sac of 1/51 Drake Street, Howick, Auckland, this charming residential unit boasts a freehold title and a rich history dating back to 1950. The 98sqm floor area is graced with stone walls and a tiled roof, both in average condition, and encompasses three bedrooms, one bathroom, and a single carpark. The property's Capital Value (CV) has seen a remarkable increase of 42.5% from $800,000 in 2017 to $1,140,000 as of June 2021, echoing the rapid appreciation of real estate in this desirable suburb. The HouGarden AVM estimates the property's worth at $1,092,500, while the latest sale history shows a significant jump from $491,000 in 2013 to $795,000 in 2018, indicating a promising investment opportunity.
Educationally, the property falls within a high-caliber school zone. Star of the Sea School and Owairoa School, both with a decile rating of 9, are within easy reach, as are Howick College and Sancta Maria College, with decile ratings of 8 and 7 respectively. Howick Intermediate, at a decile rating of 4, provides a solid educational foundation for younger students.
Centrally located and attractively priced, this property invites you to experience the convenience and charm of Howick living. Whether as a family home or a savvy investment, 1/51 Drake Street is a golden opportunity not to be missed.
Updated on October 11, 2024