Nestled in the serene Heywood Crescent, a quiet cul-de-sac in Epsom, Auckland, lies this valuable freehold property. Constructed in 1921 with wood walls and an iron roof in good condition, this residence boasts 3 bedrooms, 1 bathroom, and 3 car parks, spread across a floor area of 145 square meters on a generous 829 square meter section. The property's capital value has seen a significant increase, rising from $3,100,000 in 2017 to $3,475,000 as of June 2021, reflecting a growth rate of 12.10%. The site offers an easy to moderate rise contour, providing potential for development or transformation into a serene outdoor oasis.
With a HouGarden AVM of $3,327,500 and a latest sale history that includes $1,600,000 in 2013 and $925,000 in 2007, this property presents a sound investment opportunity. The government's capital value increase underscores the area's desirability and growth potential.
For families with school-aged children, this property falls within the zones of Auckland Grammar, Auckland Normal Intermediate, Epsom Girls' Grammar School, and Baradene College, all of which are decile 9 institutions. Additionally, Three Kings School, a decile 7 school, is also in the vicinity. This combination of location, land, and educational opportunities equals immense potential.
Updated on April 11, 2024