Nestled in the heart of Milford, this charming family home at 2/7 Waterloo Road, Auckland - North Shore, is a prime example of community living. Constructed in 1987 with a mix of materials for the walls and tiles for the roof, this well-maintained property boasts 3 bedrooms, a spacious living area, and a carpark. It sits on a level contour with a floor area of 143 square meters under a Cross-Lease ownership. The property has seen a significant Capital Value (CV) increase from $1,200,000 in 2017 to $1,400,000 as of June 2021, indicating a growth of 16.67%. The HouGarden AVM estimates the property at $1,305,000, while the latest sales were recorded at $1,125,000 in 2016 and $725,000 in 2013.
For families with school-aged children, the property is in the highly sought-after Westlake school zone, with Westlake Boys' and Girls' High Schools, Milford School, and Takapuna Normal Intermediate, all decile 9 institutions. This zone provides an excellent opportunity for education. The location is not only convenient for schooling but also for daily life, being within walking distance to Smales Farm business center, cafes, restaurants, the North Shore Hospital, and the Milford Shopping Centre, with easy access to the motorway and public transport.
With its combination of prime location, prestigious school zoning, and potential for further value appreciation, this property is an attractive prospect for first home buyers, downsizers, and investors. Don't miss the chance to secure this gem in Milford!
Updated on May 10, 2024