18 Price Crescent, Mount Wellington, Auckland

Nestled in the esteemed Mount Wellington, this 1957-built family home at 18 Price Crescent boasts a freehold title on an expansive 855m2 lot. The weatherboard exterior and iron roof exude a charming vintage appeal, while inside, the 131m2 floor area includes 4 generous bedrooms, with the potential for 2 full bathrooms. This property, with an average wall and roof condition, is situated on a site with an easy/moderate rise contour, offering a sunny and elevated outlook. The capital value has seen a 50% increase from $1,030,000 in 2017 to $1,545,000 as of June 2021, echoing the rapid growth in this highly sought-after area.

With a HouGarden AVM of $1,435,000 and a latest sale history of $190,000 in 1999, this property presents a lucrative investment opportunity. It's not just the numbers that are impressive; the location is equally so, being in close proximity to Sylvia Park Shopping Centre and Train Station, with easy motorway access to both north and south.

For families with school-aged children, the property falls within the zones of Baradene College (decile 9), One Tree Hill College (decile 3), Bailey Road School (decile 3), and Sylvia Park School (decile 2), ensuring access to quality education. This is a rare find in a quiet crescent of a prime Mt Wellington location, perfect for those seeking a family home or a strategic land banking investment.

Updated on May 10, 2024