11/36 Marau Crescent, Mission Bay, Auckland

This charming apartment located at 11/36 Marau Crescent, Mission Bay, Auckland - City, offers 2 bedrooms, 1 bathroom, and 1 carpark, covering a floor area of 60m². Constructed in the 1930s, Ormond Hall is a testament to traditional building materials and methods, featuring concrete walls in fair condition and a tile roof in average condition. The property, part of a residential ownership home units category, is on a level contour and holds a Cross-Lease title.

From its initial government valuation (CV) of $710,000 in July 2017, the property has seen a significant increase to $900,000 by June 2021, marking a 26.76% growth. The latest sale recorded on January 20, 2024, was at $795,000, following a previous sale at $605,000 on December 5, 2015. The HouGarden AVM estimates the property's value at $862,500, highlighting its investment potential and growth.

Located in a prime education zone, the property is zoned for Kohimarama School (decile 10), Selwyn College (decile 4), and Baradene College (decile 9), offering excellent schooling options. This apartment is a stone's throw away from the fabulous beach and cafe scene of Mission Bay, making it an ideal nest or investment opportunity.

Updated on April 06, 2024.