41 Margaret Avenue, Mount Albert, Auckland

Nestled at 41 Margaret Avenue, Mount Albert, Auckland, this charming freehold property boasts a generous land area of 646sqm and a floor area of 149sqm. Constructed in 1925 with wood walls and an iron roof, both in good condition, the 3-bedroom residence exudes a captivating blend of vintage charm and modern comfort. The property has seen a significant Capital Value increase of 52.54% from $1,475,000 in 2017 to $2,250,000 as of June 2021. The latest sale history dates back to 2013 at $944,000, showcasing the property's consistent growth. HouGarden AVM estimates the property's worth at $2,092,500, making it an attractive investment opportunity.

With a CV growth that outpaces the market and a prime location, the residence is further enhanced by its proximity to top-rated schools. Pasadena Intermediate and Gladstone School boast deciles of 8 and 9 respectively, while Mt Albert Grammar School and Kowhai Intermediate School offer quality education with deciles of 7. The property is not just about numbers; it's a serene haven perfect for family life, with an open plan kitchen, expansive decking, and a flat backyard ready for landscaping and a pool.

Enjoy the convenience of city fringe living with easy access to local amenities like Bar Martin and theDear Jane café, along with excellent transportation links. This is not just a home; it's a future-proof investment in a sought-after address where the value is set to soar. Whether you seek a starter home or a forever home, this property checks all the boxes.

Updated on June 19, 2024