1/42 Speight Road, Kohimarama, Auckland

Nestled in the serene cul-de-sac of 1/42 Speight Road, this residential unit in Kohimarama, Auckland, boasts 2 bedrooms, 1 bathroom, and a carpark. Constructed in 1960 with brick walls and an iron roof, it offers a comfortable floor area of 92 square meters. The property is on a leasehold agreement with a ground rent starting from October 2024 for 21 years. Notably, the Capital Value (CV) has seen a 26% increase from $1,000,000 in 2017 to $1,260,000 as of June 2021. HouGarden AVM estimates the property at $1,205,000. The latest sales were in 2018 for $300,000 and in 2011 for $334,000. This home is perfect for those seeking a beachside lifestyle with the convenience of urban living, with an added bonus of no Body Corp fees.

With a decile rating of 9, Baradene College and a decile 10 rating for both Kohimarama School and St Ignatius School (St Heliers) are within the catchment area, while Selwyn College with a decile rating of 4 provides a range of top educational options. The property's private garden invites indoor-outdoor living, making it an ideal choice for families looking to enjoy the peaceful beach lifestyle in the Eastern Bays.

Here is an opportunity to secure a garden apartment that offers independence and affordability, an alternative to retirement villages. Don't miss out on this charming property that brings together the best of beach living and urban convenience in a highly sought-after location.

Updated on October 14, 2024