Positioned in the serene and sought-after cul-de-sac of 1 Weston Avenue, Mount Albert, this charming 1930s bungalow presents a rare opportunity on the property market. The residence boasts three comfortable bedrooms, a living area that invites warmth and relaxation, and is set on a level contour with roughcast walls and tile roofing. It's a cross-lease property with a floor area of 102 square meters, waiting to be modernized to reflect its full potential. The capital value has shown a notable increase from $1,000,000 in July 2017 to $1,250,000 as of June 2021, indicating a 25% growth, while the HouGarden AVM estimates it at $1,160,000. The latest sales were recorded in 1995 at $180,000 and in 1992 at $109,500, highlighting the property's appreciating worth over time.
For families with children, the property falls within the zones of highly esteemed schools. Mt Albert Grammar School, a secondary school with a decile rating of 7, is in close proximity, as are Owairaka District School with a decile of 3 and Kowhai Intermediate School with a decile of 7, ensuring a comprehensive education for all ages. This home not only promises a solid investment in a desirable location but also the foundation for a quality education.
Despite its age, this property holds immense potential, both in its structure and its location. It's an ideal choice for first-time buyers or those seeking a fresh start in a vibrant community. With a bit of creativity and investment, the outdoor space can be transformed into a private sanctuary, adding to the property's charm and value. Don't miss the chance to secure this cozy home in a prime location where convenience, community, and comfort meet.
Updated on May 14, 2024