Nestled in the serene cul-de-sac of Vivian Street, this 1988-built residential dwelling boasts 2 bedrooms, 1 bathroom, and a single carpark. The 85sqm floor area is complemented by a brick exterior and a tiled roof, both in good condition. The property sits on a level contour and is under a Cross-Lease ownership. Notably, the capital value has seen a substantial increase of 55.88% from $340,000 in 2019 to the current $530,000. The HouGarden AVM estimates the property at $515,000, while the latest sale history shows a transaction at $520,000 in 2024 and $347,000 in 2017.
With a CV growth rate that outpaces the market average, this property is not just a dwelling but a sound investment. The government valuations reflect a promising trend, making it an attractive prospect for buyers.
Educationally, the property falls within a highly sought-after school zone. It is in close proximity to Middleton Grange School (Decile 9), Emmanuel Christian School (Decile 8), Waitakiri Primary School (Decile 8), and several other well-regarded institutions. This makes it an ideal choice for families with children of all ages.
Updated on July 26, 2024