Nestled in the tranquility of a quiet cul-de-sac at 1/18 Riverview Road, New Lynn, Auckland, this freehold property is a paragon of modern living. Constructed with quality wood walls and iron roofing, this 3-bedroom, 1-carpark home with a floor area of 125m2 and land area of 99m2, is a gem in the residential market. The property, built in 2024, is in good condition both in walls and roof. It boasts a capital value of $880,000 as of June 2021, with a HouGarden AVM of $857,500. The latest sale history showcases a sale in 2024 for $848,000 following a previous one in 2021 for $1,755,000, indicating a significant growth in value. This home is not just about numbers; it's about luxury and comfort, evident in its feature lighting, designer kitchen with Bosch appliances, and the convenience of a heat pump and undertile heating.
When it comes to investment, the capital value increase is impressive, reflecting a promising trend for potential buyers. The property's CV has seen a substantial rise over the years, making it an attractive opportunity in the real estate market. The recent sale prices further validate the property's worth and potential for future growth.
For families with children, the property falls within the highly sought-after school zones of Kelston Primary, ensuring access to quality education. The proximity to the Fruitvale railway station and New Lynn transport hub adds to the convenience, making this property a perfect blend of comfort, convenience, and investment value.
Updated on August 01, 2024