Nestled on 8 Maybeck Road, Mount Albert, Auckland, is a prime piece of real estate - a vacant land with immense potential, now available for the first time in 26 years. This freehold property boasts 816sqm of land with an approximate 20m road frontage, suitable for mixed housing development. Constructed in 1950, the property features wooden walls and tiled roofing, both in average condition. It includes 2 car parks and a floor area of 280sqm. The centrally located property is close to Mount Albert Town Centre, St Lukes Shopping Centre, SH 16, and Mount Albert Train Station, with easy access to Baldwin Avenue Train Station, making it an ideal choice for young families.
From a financial perspective, the property has seen a significant Capital Value increase of 41%, from $1,900,000 in 2017 to $2,675,000 as of June 2021. The HouGarden AVM estimates the property's value at $2,562,500, while the latest sales history shows transactions at $330,000 in 1994 and $420,000 in 1998. This is a clear indicator of the area's growth and investment potential.
For families with children, the property falls within the catchment area of several high-performing schools. Gladstone School and Mt Albert Grammar School both have a decile rating of 9 and 7 respectively, while Mt Albert School and Kowhai Intermediate School are rated at 6 and 7. This makes it an attractive option for those seeking quality education for their children.
Updated on April 11, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.12 km | 3 | 1 | -m2 | 2024年03月19日 | $1,010,000 | Council approved | |
 | 0.37 km | 3 | 2 | 121m2 | 2024年03月15日 | $1,670,000 | Council approved | |
 | 0.30 km | 2 | 2 | -m2 | 2024年02月21日 | $1,060,000 | Council approved | |
 | 0.26 km | 2 | 1 | 60m2 | 2023年11月30日 | $860,000 | Council approved | |
 | 0.34 km | 4 | 2 | -m2 | 2023年11月08日 | $2,271,000 | Agent claimed |