3/14 Peel Street, Westmere, Auckland

Located at 3/14 Peel Street, Westmere, Auckland - City, this residential dwelling offers a unique blend of urban sanctuary and potential for personal enhancement. The property features three bedrooms, a floor area of 120 square meters, and a single carpark, all encapsulated within a cross-lease ownership type. The exterior boasts roughcast walls and tile roofing, both in average condition, dating back to 1991. The level property contour complements the fully fenced yard, making it ideal for pets and providing a secure environment for families.

From its initial government valuation (CV) of $1,080,000 in July 2017, the property has seen a significant increase in value, reaching $1,675,000 by June 2021, marking a 55.09% growth. The HouGarden AVM estimates its value at $1,645,000. This townhouse not only offers a chance for renovation but also represents a solid investment with its capital value growth. The sale is set to close at 4pm on Wednesday, 27 March, highlighting the urgency and potential for profit.

Education is a priority, with the property situated in sought-after school zones. Westmere School (Auckland) with a decile rating of 10, Pasadena Intermediate and Ponsonby Intermediate, both offering excellent intermediate education with decile ratings of 8 and 9 respectively, and Western Springs College, a secondary school (Year 9-15) with a decile rating of 8, ensure a range of quality educational options. This location offers the perfect balance between a peaceful retreat and a vibrant urban lifestyle, with easy access to the CBD, Grey Lynn shops, and public transport.

Updated on March 26, 2024