Nestled at 5/1 Norrie Avenue, Mount Albert, Auckland, this residential unit boasts a convenient and sought-after location. The 1975-built property features 2 bedrooms, 1 bathroom, and a single carpark, all set on a level contour with concrete walls and tiled roofing. It's a unit title with a floor area of 59 square meters, offering a modern twist with polished concrete floors. The capital value has seen a significant increase of 24.14% from $580,000 in 2017 to $720,000 as of June 2021. The latest sale records show transactions at $668,000 in 2024 and $540,000 in 2019, while the HouGarden AVM estimates the property at $700,000.
With a government valuation on the rise and a recent renovation that includes an upgraded kitchen and a bathroom with industrial accents, this property is ideal for first-time buyers, downsizers, students, or as a sound investment. The added perk of being a ground-floor unit with no stairs and a serene view of the green courtyard makes it even more appealing. It's within a short 300m walk to Baldwin Ave train station, and the school zones include the high-decile Gladstone School, Kowhai Intermediate, and Mt Albert Grammar School, ensuring quality education options.
Embrace the New York Style Living in this unit, which combines the ease of access to amenities like Owairaka Mountain, St Lukes Mall, and Mt Albert Shops with the advantage of being in close proximity to motorways and additional educational institutions like Unitec and AIS international school. This unit offers exceptional value and an opportunity not to be missed.
Updated on August 21, 2024