4/54 Richards Avenue, Forrest Hill, Auckland - North Shore

Embrace the epitome of sunlit living in this charming residence nestled in the coveted Forrest Hill neighborhood. This 2-bedroom, 1-bathroom home with a single carpark boasts a floor area of 65 square meters and is built on a cross-lease title. The exterior is adorned with robust brick walls and a reliable tile roof, both in good condition, reflecting the solid construction of its 1960 era. The property enjoys an easy-to-moderate contour, adding to its appeal.

As for its financials, the capital value has seen a substantial increase from $720,000 in July 2017 to $920,000 as of June 2021, indicating a growth rate of 27.78%. The HouGarden AVM estimates the property's value at $912,500, while the latest sale history shows transactions at $623,000 in November 2014 and $370,000 in June 2012. These figures underscore the investment potential of this property.

Education takes center stage with the property being within the double school zone of esteemed institutions. Forrest Hill School and Campbells Bay School, both contributing schools, are rated 8 and 10 respectively in the decile system. For older students, Wairau Intermediate, Takapuna Normal Intermediate, and the renowned Westlake Boys' and Girls' High Schools, all rated 9 in decile, are within easy reach. This makes the property an ideal choice for families with school-going children.

Updated on November 14, 2024