Nestled in the prestigious suburb of Takapuna, this charming 3-bedroom, 1-bathroom residence with 2 car parks is set on a level contour. Constructed in 1960 with wood walls and an iron roof, it offers an average condition throughout. The property is under a Cross-Lease ownership, providing a unique sense of community. With a floor area of 88 square meters, this home is perfect for a modern family seeking comfort and convenience. Notably, the Capital Value (CV) has seen a significant increase from $900,000 in 2017 to $1,250,000 as of June 2021, reflecting a growth rate of 38.89%. The HouGarden AVM estimates the property's worth at $1,195,000, while the latest sale history includes transactions in 2011 and 1997.
As for the government valuations, the property has demonstrated consistent growth, reflecting a promising investment opportunity. The latest CV increase underscores the desirability of the location. Moreover, the property is within a highly rated school zone, including Westlake Boys' and Girls' High Schools, Takapuna Normal Intermediate, and Takapuna School, all boasting high decile ratings and ensuring top-notch education for the family.
Located in a quiet cul-de-sac, this home is a short walk from North Shore Hospital, Lake Pupuke, and the bustling Smales Farm business and retail hub. With easy access to public transportation and the motorway, commuting to Auckland CBD is a breeze. This property is not only an ideal family home but also a wise investment in a sought-after area.
Updated on October 11, 2024