Nestled in the serene cul-de-sac of Montgomery Avenue, this 1960-built, cross-lease property offers a charming 2-bedroom, 1-bathroom dwelling with a single carpark. The 90sqm floor area is complemented by fair-conditioned wooden walls and an iron roof. With a CV of $1,250,000 as of June 2021, it has shown a substantial increase of 34.41% since July 2017. The property's potential is further highlighted by the HouGarden AVM of $1,220,000 and a historical sale in 2011 for $500,000.
On the valuation front, the property has seen a robust capital value growth, reflecting a promising investment opportunity. The latest government assessment and the private HouGarden estimate both point to a significantly appreciated value, making it an attractive prospect for buyers.
For families with educational priorities, the property falls within the zones of Belmont School, Belmont Intermediate, and the highly esteemed Takapuna Grammar School, all deciled at 10, ensuring top-notch education for children of all ages. Whether you seek a comfortable family life or an investment with excellent growth prospects, this property is a fixer-upper gem ready to be polished.
Updated on August 07, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.33 km | 2 | 1 | 74m2 | Year 2024 Month 11 Day 01 | - | Council approved | |
 | 0.33 km | 2 | 1 | 74m2 | Year 2024 Month 11 Day 01 | - | Council approved | |
 | 0.02 km | 2 | 1 | 74m2 | Year 2024 Month 10 Day 18 | $855,000 | Council approved | |
 | 0.33 km | 2 | 1 | -m2 | Year 2024 Month 09 Day 01 | $840,000 | Council approved | |
 | 0.33 km | 2 | 1 | -m2 | Year 2024 Month 09 Day 01 | $905,888 | Council approved |