Nestled at 35 Springleigh Avenue, Mount Albert, Auckland, this charming bungalow on a freehold title boasts 4 bedrooms and a vast, level backyard. Constructed in 1929 with wood walls and an iron roof, it presents an average condition both inside and out. The property's capital value has seen a substantial increase, rising from $1,500,000 in 2017 to $1,875,000 as of June 2021, reflecting a 25% growth. The 163sqm floor area is complemented by a 678sqm land area, offering ample space for potential development.
With a HouGarden AVM of $1,745,000 and a history of sales at $660,000 in 2010 and $560,000 in 2005, this property holds significant investment potential. The updates to the interior blend contemporary convenience with timeless charm, featuring bay windows, timber flooring, and high ceilings that create a warm, inviting atmosphere.
Educationally, the property falls within the zones of esteemed schools such as Avondale Intermediate, Avondale College, Gladstone School, Mt Albert Grammar School, and Kowhai Intermediate School. These institutions offer a range of decile ratings, ensuring access to quality education for all ages. Whether it's the spacious backyard, the convenient location, or the promising capital value growth, this residence is an ideal choice for families seeking both comfort and potential.
Updated on May 16, 2024