412/9 Madeira Lane, Grafton, Auckland

Nestled in the heart of Grafton, Auckland, this charming residential apartment at 412/9 Madeira Lane boasts a modern design with 2 bedrooms and 1 bathroom. Constructed in 2022, the property features a mix of materials for the walls, an iron roof, and is maintained in good condition both inside and out. It sits on a level contour, enhancing the appeal of this unit title property. The absence of car parks adds to the tranquility of the quiet cul-de-sac it resides on.

Since 2017, the capital value has shown a significant increase, rising from $570,000 to the current $680,000 as of June 2021, indicating a growth rate of 19.3%. The HouGarden AVM estimates the property's worth at $650,000, while the latest sale on September 6, 2024, reflects a strong market value of $800,000.

For families with school-aged children, the property falls within the zones of highly regarded institutions. Auckland Grammar School, a decile 9 secondary school, is in close proximity. Additionally, Newmarket School and Kowhai Intermediate School, both with a decile rating of 7, are accessible options. Auckland Girls' Grammar School, catering to years 9-15 with a decile rating of 3, provides further educational opportunities.

Updated on October 09, 2024