Nestled in the serene cul-de-sac of Raupapa Street, this charming residential unit boasts a generous floor area of 130m². Constructed in 1981 with a robust wooden exterior and tiled roof, both in good condition, this 3-bedroom, 1-carpark home is governed by a Unit Title. The property has seen a significant Capital Value increase of 22.1%, from $860,000 in 2017 to the current CV of $1,050,000 as of June 2021. The HouGarden AVM estimates a value of $1,037,500, while the latest sale in 2011 was for $420,500.
With a CV growth rate that outpaces the market average, this property presents a sound investment. The inviting backyard, perfect for outdoor entertaining, complements the spacious interior that includes a versatile second living area, which could easily serve as a third bedroom or a workspace. The property has been lovingly maintained by the same owners for over a decade, reflecting a pride of ownership that ensures it's move-in ready.
For families, the property falls within the zones of esteemed schools such as Northcote College and Westlake Girls' High School, both with a decile rating of 7 and 9 respectively, offering a premium educational advantage. This combination of space, convenience, and educational opportunity makes this property a rare and attractive find in the Auckland property market.
Updated on November 29, 2024