4/128 Paritai Drive, Orakei, Auckland

Nestled on the esteemed Paritai Drive, this 1960s residence offers a prime slice of Auckland's exclusive property market. The 2-bedroom, 1-bathroom unit with a single carpark boasts an open-plan living space, light-filled interiors, and stunning views over Hobson Bay, the CBD, and the iconic Sky Tower. Constructed with quality brick walls and tiled roofing, this cross-lease property sits on an easy-to-moderate rise contour. The government's capital value has seen a 25% increase from $1,260,000 in 2017 to $1,575,000 as of June 2021, while the HouGarden AVM estimates it at $1,532,500. Notably, the latest sales were in 2012 for $680,000 and 2009 for $485,354. This property is in the catchment area of Baradene College (Decile 9) and Orakei School (Decile 4), ensuring top-notch education for the family. With a reserve set below $1.1 million, this is a rare opportunity not to be missed.

Property highlights include a light-filled living space with an open-plan kitchen, full-height storage ready for customization, and sweeping south-west-facing views. Its prime location near Orakei Bay Village, tranquil walkways, and vibrant waterfront paths adds immense value. This is a chance to bring your vision to life and capitalize on a property with a clear CV increase trajectory and a vendor ready to meet the market.

For families with educational priorities, the property falls within the zones of Baradene College and Orakei School, both highly regarded institutions that promise a quality education. This combination of a solid investment opportunity and an enviable lifestyle is what makes this property truly unique.

Updated on July 31, 2024