Nestled in the serene Saint Heliers, this 1970's freehold property at 34b Edmund Street boasts a charming single-level residence with 2 bedrooms, a sunlit north-facing living area, and a spacious 369 sqm section. The well-maintained brick exterior and tiled roof present an attractive and sturdy structure. The property has seen a significant Capital Value increase of 51.79% from $1,120,000 in 2017 to $1,700,000 as of June 2021. The latest sales were recorded at $1,400,000 on 12th April 2024 and $1,450,000 on 20th September 2023, with the HouGarden AVM estimating the property's worth at $1,625,000.
Educationally, the property falls within the zones of highly-rated schools such as Baradene College, Kohimarama School, Glendowie College, and St Ignatius School, all boasting deciles of 9 or 10. This, combined with the prime location and a short distance from the beach, shops, and amenities, makes it an ideal investment for families and downsizers alike.
With a current fixed term tenancy ending on 18th February 2024, offering a rental income of $800 per week, this property presents a secure and low-maintenance option for both investors and those seeking a private retreat in the heart of a desirable Auckland suburb.
Updated on May 01, 2024