41 Milton Road, Mount Eden, Auckland

Nestled in the coveted Mount Eden neighborhood, 41 Milton Road presents a rare opportunity on a freehold 602m2 site. This 1955-built brick bungalow with tile roofing boasts 4 bedrooms, a generous living space of 166m2, and a single carpark. The property features average wall and roof conditions, and is situated on a level contour, enjoying an elevated north-facing position that maximizes sunlight. The capital value has seen a significant increase from $1,650,000 in 2017 to $2,800,000 as of June 2021, reflecting a growth rate of 69.7%. This home, offered for the first time in 48 years, holds immense potential for value addition in this sought-after street just 2 minutes from Mt Eden Village.

With a HouGarden AVM of $2,730,000 and a history of astute investment, the property is located in the zone of top-rated schools, including Mt Eden Normal School (Decile 10), Epsom Girls' Grammar School (Decile 9), and Mt Albert Grammar School (Decile 7). The location, protected by the Single House zone, is not only convenient but also promises a quality education for the family.

For those with a vision, this deceased estate is a golden opportunity to transform a piece of Mount Eden's history into a modern family haven, all while benefiting from the excellent school network and a community that values both heritage and progress.

Updated on August 30, 2024