Located at 16a Oak Street, Royal Oak, Auckland - City, this residential dwelling is a testament to modern living with a touch of timeless elegance. Built in 1998, the property boasts a concrete exterior with tile roofing, both in good condition, reflecting its well-maintained status. The home is spread over 192 square meters, featuring 4 bedrooms, a spacious open-plan living/dining area, and a double internal access garage. The property is set on a level contour, under a Cross-Lease ownership type, emphasizing its unique appeal in a sought-after location.
The property has seen a significant increase in capital value, from $1,425,000 in July 2017 to $1,925,000 in June 2021, marking a 35.08% growth. This growth is complemented by a HouGarden AVM of $1,279,500. The latest sale on January 11, 2024, was at $850,000, showing a considerable appreciation from its previous sale at $465,000 on October 30, 2002. This trajectory underscores the property's potential as a lucrative investment or a dream home for those looking to add value.
Education is a cornerstone of this property's appeal, zoned for Royal Oak School (decile 8), Royal Oak Intermediate (decile 2), and Onehunga High School (decile 3), catering to a wide range of educational needs. Additionally, it's within proximity to Baradene College, a secondary school with a decile rating of 9, ensuring quality education for residents. This home is not just a place to live but a gateway to a vibrant community and educational excellence.
Updated on April 06, 2024.