Nestled in the serene suburb of Mount Albert, Auckland, 18 Richardson Road stands as a charming residential property on a spacious freehold section of 895 sqm. Constructed in 1921 with wood walls and an iron roof, this 4-bedroom home brims with potential. The property boasts an impressive Capital Value (CV) increase of 32.25% from $1,380,000 in 2017 to $1,825,000 as of 2021. The latest HouGarden AVM estimates the property at $1,810,000, while the latest sale history shows a progression from $650,000 in 2004 to $755,000 in 2009. With a CV growth rate that outpaces the market, this property is not just a home but a sound investment.
For families with educational priorities, the property is zoned for top-performing schools such as the decile 9 Gladstone School and decile 7 Mt Albert Grammar School, ensuring access to quality education. The property’s prime location offers easy access to motorways, public transport, and the vibrant local amenities of Mt Albert.
Whether you seek a family home in a prestigious school zone or a development opportunity in a high-demand suburb, 18 Richardson Road presents an unmissable opportunity to secure a slice of prime real estate in Mt Albert.
Updated on November 15, 2024