Nestled in a serene cul-de-sac on 2/18 Reid Road, New Lynn, Auckland, this charming residential unit boasts 2 bedrooms, 2 bathrooms, and a single carpark. Constructed in 1980 with a mix of materials for the walls and tiles for the roof, this cross-lease property is in good condition both inside and out. The capital value has seen a substantial increase of 27.82% from $665,000 in 2017 to $850,000 as of June 2021. The property, with a floor area of 120 square meters, presents a warm and inviting ambiance, perfect for first-time homeowners or those looking to downsize. The recent upgrade of the ensuite bathroom adds a touch of modernity to the character-filled space, which also enjoys seamless indoor-outdoor flow to a roomy deck and private garden, ideal for social gatherings and weekend BBQs.
As for investment potential, the property's HouGarden AVM stands at $852,500, with a notable sales history - last sold for $500,000 in 2015 and $281,000 in 2009. The location is further enhanced by its proximity to a range of schools, including Kelston Intermediate (Decile 2), Kelston Boys' High School (Decile 3), Kelston Girls' College (Decile 2), and New Lynn School (Decile 4), making it an attractive option for families. LynnMall and various amenities are within walking distance, with excellent transport links to the city via train or bus, offering convenience and connectivity.
With a property contour that's level and a setting that's both tranquil and connected, this home is not just a haven but a wise investment choice in a sought-after school zone. It's a place where love at first sight is a genuine possibility, and the start of a new chapter begins.
Updated on September 06, 2024