27 Frank Street, Oneroa, Auckland

Nestled in the tranquility of a quiet cul-de-sac at 27 Frank Street, Oneroa, Auckland, this freehold property is a charming 1-bedroom, 1-bathroom dwelling with a floor area of 68 square meters on a spacious 1507 square meter section. Constructed in 1980 with wood walls and an iron roof, both in good condition, this property offers a steep rise contour that adds to its unique appeal. The capital value has seen a significant increase from $760,000 in July 2017 to $1,040,000 as of June 2021, reflecting a growth rate of 36.84%. The HouGarden AVM estimates the property's value at $995,000, while the latest sales history includes transactions at $380,000 in 2012 and $317,000 in 2007.

With a prime location, the property is within walking distance to Little Oneroa Beach and the village, and a short drive to the Ferry terminal. It is surrounded by native greenery, providing a serene retreat. The house, though needing modernization, exudes coziness with its downstairs living areas and an upstairs master bedroom with a balcony, along with a versatile study space. The property holds potential for development, offering a solid foundation for renovation and rejuvenation.

For families with children, the school zone is another highlight. The property falls within a highly rated decile, ensuring access to quality education. This combination of location, potential, and a promising CV growth history makes 27 Frank Street an attractive investment opportunity in a market where such gems are scarce.

Updated on April 10, 2024