Nestled in the tranquility of a quiet cul-de-sac on Rawalpindi Street, this 1970s concrete block unit boasts 2 bedrooms, 1 bathroom, and a single carpark. The property, with an impressive floor area of 53 square meters, is governed by a Unit Title. Both the walls and roof, constructed from robust materials, are in average condition. The capital value has seen a rapid increase, rising from $490,000 in July 2017 to $620,000 as of June 2021, indicating a growth rate of 26.53%. The property enjoys a level contour and is complemented by a vast garden that overlooks the Chamberlain Golf Course and Rawalpindi Reserve, offering a serene escape.
Valuation history shows a promising trend, with the HouGarden AVM estimating the property at $577,500. Notably, the latest sale occurred in 2007 for $245,000, following an earlier sale in 2000 for $132,500. This gem is not just a home but an investment with a promising trajectory.
For families with school-aged children, the property falls within the zones of Pasadena Intermediate (Decile 8), the highly sought-after Gladstone School (Decile 9), Mt Albert Grammar School (Decile 7), and Kowhai Intermediate School (Decile 7). This address not only promises comfort and convenience but also quality education.
Updated on June 25, 2024