Nestled in the prestigious Takapuna area at 2/18 Tennyson Avenue, this 1976-built, 120sqm residential unit boasts 2 bedrooms, 1 bathroom, and a carpark. The property, with its mixed-material walls and tiled roof, is in good condition both inside and out. It sits on a level contour and is owned under a Cross-Lease title. The home is fully insulated and features a heat pump for year-round comfort, a separate laundry, and internal access to a single garage with additional off-street parking. The private garden and courtyard offer a serene escape for relaxation or entertainment.
As for the financials, the property's Capital Value (CV) has seen a growth of 23.68% from $950,000 in 2017 to $1,175,000 as of 2021. The HouGarden AVM estimates the property's value at $1,165,000. The latest sale history includes transactions in 2018 for $1,060,000 and in 2014 for $700,000. This represents a significant increase in value over the years.
Educationally, the property is zoned for top-performing schools, including Takapuna School (Decile 8), Takapuna Normal Intermediate (Decile 9), Takapuna Grammar School (Decile 10), and Westlake Girls' High School (Decile 9). This makes it an ideal investment for families looking to secure a quality education for their children.
Updated on November 22, 2024