5/146 Gillies Avenue, Epsom, Auckland

Nestled in the prestigious Epsom locale at 5/146 Gillies Avenue, this residential ownership home unit boasts 3 bedrooms, 1 bathroom, and a single carport. Constructed in 1974 with brick walls and tiled roofing, the property enjoys an average condition both inside and out. The 91-square meter floor area is complemented by an easy-to-moderate contour, providing a comfortable living environment. With a Cross-Lease title, this property is not only a solid investment but also a perfect entry into the highly sought-after Grammar Zone.

Since 2017, the Capital Value (CV) has seen a significant increase of 18.75%, reaching $1,140,000 as of June 2021. The HouGarden AVM estimates the property's worth at $1,092,500, while the latest sale history shows a transaction at $975,000 in August 2024, a substantial rise from the $485,000 sale in 2004. These figures highlight the property's consistent growth potential.

Educationally, the property falls within the Grammar Zone, close to Auckland Grammar School, Auckland Normal Intermediate, Epsom Girls' Grammar School, and Baradene College, all decile 9 institutions. This is an ideal location for families seeking top-notch education for their children, with easy access to highways, public transport, and the vibrant Newmarket Mall.

Updated on October 09, 2024