2/38 Bollard Avenue, New Windsor, Auckland

Nestled in the serene cul-de-sac of Bollard Avenue, New Windsor, Auckland, this charming residential unit boasts a brick exterior and a tiled roof, constructed in 1967. It offers 2 cozy bedrooms, a single bathroom, and a modern kitchen renovated just a year ago, all within a levelled 68 square meters of floor area. As a cross-lease property, it presents a unique opportunity in the market. The property has seen a significant Capital Value (CV) increase from $585,000 in 2017 to $800,000 as of June 2021, reflecting a growth rate of 36.75%. The HouGarden AVM estimates the property's worth at $765,000, while the latest sale was recorded in 2001 for $134,000. This home is not just a place to live; it's an investment with a promising future.

With a CV that has shown a rapid rise, this property is a wise investment for those looking to grow their equity. The recent valuation and the historical sale data indicate a strong market presence and potential for further appreciation. It's a chance to secure a piece of real estate in a sought-after location where growth is not just promised but already in motion.

For families with educational priorities, this property falls within the zones of both Avondale College (Decile 4) and Avondale Primary School (Decile 3), ensuring access to quality education. Centrally located, it's a short walk to the railway station and Pak 'n Save supermarket, with easy cycling access to the city or the west. This is not just a home; it's a lifestyle choice in a thriving community.

Updated on April 23, 2024