Nestled in the centrally located suburb of Mount Albert, Auckland, 18a Lorraine Avenue boasts a freehold property with a capital value that has seen a rapid increase of 27.42% since 2017. This spacious two-story home with 6 bedrooms and a floor area of 246sqm is set on a level 500sqm section. Constructed in 2017 with iron roofing and wooden walls in good condition, it presents a perfect blend of modern comfort and traditional charm. The versatile layout is ideal for large families or investors, offering both privacy and convenience, with potential for separate living downstairs.
With a current CV of $1,975,000 and a HouGarden AVM of $1,808,500, this property is not only an attractive investment but also represents incredible value, especially considering the latest sale price of $1,565,000 in 2017. The property's appeal is further enhanced by its proximity to reserves, local cafes, and restaurants, with convenient access to motorways and public transport, not to mention the highly regarded schools in the area.
For families with school-aged children, the property falls within the zones of Mt Albert Grammar School (decile 7), Owairaka District School (decile 3), and Kowhai Intermediate School (decile 7), ensuring a quality education for all ages. Whether you seek a comfortable family life or an investment with excellent growth potential, this property is a must-see.
Updated on November 26, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.11 km | 3 | 2 | 163m2 | Year 2024 Month 12 Day 10 | - | Council approved | |
 | 0.29 km | 3 | 1 | 97m2 | Year 2024 Month 11 Day 07 | - | Council approved | |
 | 0.18 km | 3 | 2 | 123m2 | Year 2024 Month 09 Day 18 | - | Council approved | |
 | 0.29 km | 3 | 2 | -m2 | Year 2024 Month 08 Day 29 | - | Council approved | |
 | 0.23 km | 3 | 1 | 85m2 | Year 2024 Month 08 Day 22 | $1,150,000 | Council approved |