1/27 Nile Road, Milford, Auckland - North Shore

Nestled in the serene environment of 1/27 Nile Road, Milford, Auckland, this well-built brick and tile unit boasts a prime location. With 2 bedrooms, 1 bathroom, and a single carpark, it sits on a cross-lease title. Constructed in 1974, the property features a tile roof and brick walls, both in good condition. The 100sqm floor area is complemented by a level contour, ensuring ease of living. Notably, the capital value has surged by 26.51% from $830,000 in 2017 to $1,050,000 as of 2021. The HouGarden AVM estimates it at $975,000, while the latest sales history shows a significant increase from $212,500 in 2001 to $348,000 in 2005.

With a CV increase that outpaces the market, this property is not just an investment but a smart one. It's located in the highly sought-after Westlake school zone, with Westlake Boys' and Girls' High Schools, Forrest Hill School, and Takapuna Normal Intermediate all within reach, boasting deciles of 9 and 8. The property's value is further enhanced by its proximity to amenities like Milford Shops, North Shore Hospital, and transport links.

Whether you're seeking comfort, convenience, or a sound investment, this property hits the mark. It's a charming home, perfect for starting a new chapter, be it as a first-time homeowner, a professional, or a small family. The combination of a sunny aspect, a spacious garden, and a convenient location makes it an unbeatable choice in the Westlake zone.

Updated on May 10, 2024