4/12 Aramoana Avenue, Devonport, Auckland - North Shore

Nestled in the serene Devonport, this 2-bedroom unit at 4/12 Aramoana Avenue boasts a brick exterior and a tiled roof, constructed in 1972 and maintained in good condition. It sits on an easy-to-moderate fall contour with an open-plan kitchen and living area, north-facing to capture the elevated views of Belmont - especially picturesque at night. Investors and first-time buyers alike should take note of the solid investment opportunity, with a long-term tenant keen to stay. The property, with a floor area of 60 square meters, is under a Cross-Lease ownership and has a capital value of $930,000 as of June 2021, showing a 25.68% increase since July 2017. It's priced to sell fast and is conveniently located near shops, transport, and beaches.

History shows a promising trend with the latest sale recorded at $472,000 in 2012 and an estimated value of $867,500 by HouGarden AVM. This home is not just a place to live but a smart investment with a bright future.

For families with school-aged children, the property falls within the zone of highly-rated schools such as Takapuna Grammar School (Secondary, Decile 10), Belmont Intermediate (Decile 10), and Belmont School (Contributing, Decile 10), ensuring access to quality education.

Updated on May 08, 2024