16 Tawari Street, Mount Eden, Auckland

Nestled in the vibrant heart of Mount Eden, this 4-bedroom, Freehold property on 520sqm of level land is a gem for both first-home buyers and shrewd investors. Constructed in 1910 with wood walls and iron roofing, this dwelling boasts an average condition both inside and out. The interior spans a generous 112sqm, complemented by a single carpark and a sunlit living space. The property has seen a significant Capital Value increase of 32.26% from $1,550,000 in 2017 to $2,050,000 as of June 2021. HouGarden AVM estimates the property's worth at $1,877,500, while the latest sale history shows a marked progression from $320,000 in 1999 to $1,260,000 in 2018. Educationally, the property falls within the decile 10 Mt Eden Normal School zone, and is also in proximity to Mt Albert Grammar School, Kowhai Intermediate, and Auckland Girls' Grammar, offering a range of schooling options for families.

Boasting modern upgrades, this home presents a stylish kitchen and dining area, with a covered deck that enhances the indoor-outdoor flow, ideal for entertainment year-round. The flat lot provides potential for extension and renovation, subject to council approval. Moreover, the adjacent property's availability for purchase presents a land banking opportunity, potentially combining with the current property to form a substantial 1,316sqm of prime Mount Eden real estate. The location is a highlight in itself, with easy access to Auckland's city fringe lifestyle, an array of top eateries, and convenient transport links.

With such a promising CV growth trajectory and an excellent school network, this property is not just a home but a sound investment in your future.

Updated on December 09, 2024