Nestled on a prime piece of freehold land at 24 Highland Road, Mount Albert, Auckland, this 1940s residential dwelling boasts 3 bedrooms and a spacious floor area of 121sqm. The exterior is adorned with brick walls and a well-maintained tile roof. The property, with an easy-to-moderate fall contour, presents a golden opportunity for homeowners, investors, and developers alike. The capital value has seen a significant increase from $1,660,000 in 2017 to $2,300,000 as of June 2021, reflecting a growth rate of 38.55%. The HouGarden AVM estimates the property's worth at $2,245,000, while the latest sale history shows a transaction at $1,400,000 in 2019 and $274,332 in 1999.
For families with school-aged children, the property falls within the zones of highly regarded schools such as Mt Albert Grammar School (decile 7) for secondary education and Kowhai Intermediate School (decile 7), with Owairaka District School (decile 3) also in close proximity.
With stormwater drainage and a land survey already completed, this property is ripe for transformation. Whether you seek a cosmetic touch-up or a complete redevelopment, the rich potential of this 766sqm land is undeniable. The location is strategically positioned near amenities, with easy access to the scenic Mt Albert and the vibrant St Lukes shopping district, as well as public transport options.
Updated on August 29, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.03 km | 3 | 2 | 172m2 | Year 2024 Month 09 Day 11 | $1,900,000 | Council approved | |
 | 0.09 km | 2 | 1 | -m2 | Year 2024 Month 07 Day 19 | $670,000 | Council approved | |
0.13 km | 2 | 1 | 80m2 | Year 2024 Month 07 Day 05 | $780,000 | Council approved | ||
 | 0.13 km | 2 | 1 | -m2 | Year 2024 Month 07 Day 04 | $975,000 | Council approved | |
 | 0.09 km | 2 | 1 | 87m2 | Year 2024 Month 05 Day 14 | $725,000 | Council approved |