1/34 Old Lake Road, Narrow Neck, Auckland - North Shore

Introducing a charming 2-bedroom, 1-bathroom, and 1-car park home at 1/34 Old Lake Road, Narrow Neck, Auckland - North Shore. This residential unit, nestled within a Cross-Lease ownership structure, spans a floor area of 70 square meters. Constructed in 1971 with brick walls and tile roofing, both in good condition, this property sits on a level contour, offering sea and city views plus the convenience of being steps away from Narrow Neck Beach. The property is part of the 'Residential - Ownership home units' category, promising a serene lifestyle with its prime location and potential for personalization.

Over the years, the capital value of this property has seen a significant increase, from $940,000 in July 2017 to $1,175,000 in June 2021, marking a 25% growth. The latest HouGarden AVM estimates the property's value at $1,125,000. This home, which sold for $185,000 on July 7, 1995, presents a unique opportunity for those looking to invest in a property with a steady capital value increase and the potential for further enhancement.

Located in a highly sought-after school zone, this property ensures access to top-tier education with Takapuna Grammar School, Belmont Intermediate, Belmont School (Auckland), and Vauxhall School all boasting a decile rating of 10. This location is ideal for families seeking quality education for their children, making it a valuable investment for both living and learning.

Updated on April 04, 2024.