5/27 Piccadilly Place, Kohimarama, Auckland City

Nestled in a serene cul-de-sac at 5/27 Piccadilly Place, Kohimarama, this delightful 2-bedroom, 1-bathroom residence with a single carpark presents an unparalleled opportunity for first-home buyers and downsizers. Constructed in 1960 with solid brick walls and an iron roof, this freehold property boasts an average condition throughout. The 56sqm floor area is complemented by a property contour that offers an easy to moderate fall, enhancing the overall appeal. The capital value has seen a significant increase, rising from $610,000 in 2017 to $800,000 as of June 2021, indicating a growth rate of 31.15%. The latest sale history is marked by a transaction of $710,000 in 2019, following $310,000 in 2005. HouGarden AVM estimates the property's worth at $780,000, making it an attractive prospect for investors. Educationally, the property falls within the zones of highly-rated institutions such as Baradene College (Decile 9), Selwyn College (Decile 4), Kohimarama School (Decile 10), and St Ignatius School (Decile 10), ensuring top-notch education for the family.

With a fresh coat of paint, new carpets, and upgraded bathroom and kitchen facilities, the apartment is ready for immediate occupation. The efficient heat pump and the low-maintenance lifestyle it offers will have you enjoying the beachside living to the fullest. The private, fenced outdoor space and the newly concreted parking area add to the convenience. This is not just a home; it's a golden opportunity in the heart of Kohi, too good to miss!

Located in a pet-friendly, exclusive 1960s block with no Body Corp fees, this property is perfect for those seeking safe, single-level living or a lock-up-and-leave lifestyle. Embrace the chance to be part of this esteemed community, where convenience and quality of life meet.

Updated on August 27, 2024