Nestled in the serene cul-de-sac of Shoreham Street, this 1978-built residential unit boasts a single bedroom and a bathroom, perfect for the starter homebuyer or investor. Constructed with fibrous cement walls and an iron roof, this cross-lease property offers a level contour and a cozy 44 square meters of floor area. The capital value has seen a significant increase from $385,000 in 2017 to $650,000 as of June 2021, reflecting a growth of 68.83%. This property is not just about the numbers; it's about the potential and the community it's in.
With a HouGarden AVM of $622,500, this property presents a compelling case for a wise investment. The recent sales history and rapid CV increase indicate a red-hot property market in the area. This is a chance to ride the wave of growth and secure a valuable asset in the heart of Avondale, Auckland.
For families with children, the educational opportunities are abundant. Avondale College, a secondary school with a decile rating of 4, is in the zone, along with Glenavon School, a full primary with a decile rating of 1, and New Windsor School, a contributing primary with a decile rating of 4. This address not only promises a comfortable living environment but also a bright future for the young ones.
Updated on May 01, 2024