Nestled in the serene Mission Bay, Auckland, at 1/29 Selwyn Avenue, this residential apartment boasts a practical layout with 2 bedrooms, a single carpark, and a floor area of 114 square meters. Constructed in 1969 with solid brick walls and an iron roof, both in good condition, this cross-lease property is set on level contour. The capital value has shown a promising growth, increasing from $1,525,000 in 2017 to $1,650,000 as of June 2021, indicating a rise of 8.20%.
With a HouGarden AVM estimate of $1,607,500 and recent sales history of $1,800,000 in 2024 and $1,440,000 in 2020, the property presents a sound investment opportunity. The location is further enhanced by its proximity to a range of amenities, from local cafes and beaches to cinemas and parks, with public transport conveniently accessible.
For families with school-aged children, the property falls within the zones of highly regarded institutions such as Baradene College (Decile 9), Selwyn College (Decile 4), and Kohimarama School (Decile 10), ensuring quality education is within easy reach.
Updated on August 21, 2024