Nestled in the esteemed Milford, this charming residence at 1/22 Margaret Place boasts a desirable blend of classic brick and tile construction, set on a level contour with a well-maintained exterior. The 1966-built property offers 2 bedrooms, 1 bathroom, a single carpark, and a floor area of 90 square meters under a Cross-Lease title, free from Body Corp fees. The roof, tiled to perfection, and the brick walls present a picture of solid construction, both in good condition. The capital value has seen a substantial increase of 25% from $800,000 in 2017 to $1,000,000 as of June 2021, with the HouGarden AVM estimating an even higher value of $1,005,000. The latest sale history is a testament to its growth, jumping from $540,000 in 2014 to $1,100,000 in August 2024.
For families seeking top-notch education, this property is zoned for the highly rated Westlake Boys' and Girls' High Schools, both decile 9, as well as Forrest Hill School, a decile 8 contributing school, and Takapuna Normal Intermediate, a decile 9 intermediate school. The combination of a heat pump for comfort, open plan living, a modern kitchen, renovated bathroom, and the convenience of being within walking distance to Smales Farm and North Shore Hospital makes this an ideal starting point for first-time buyers or a smart investment for the savvy.
Located in a quiet cul-de-sac, this Milford gem is not just a home but a wise investment in a prime location, with easy motorway access and the double Westlake school zone being the cherry on top. Don't miss the opportunity to secure this property, as the vendors have clear intentions to sell.
Updated on October 02, 2024