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1/111 Balmoral Road, Mount Eden, Auckland, 2 Bedrooms, 1 Bathrooms, House

Sold: $754,000

Sold on 2024 Year 2024 Month 05 Day 01

1/111 Balmoral Road, Mount Eden, Auckland

2
1
79m2

Nestled in the serene cul-de-sac of Balmoral Road, this 1974-built residential unit boasts 2 bedrooms, 1.5 bathrooms, and a carport. With a floor area of 79 square meters and a cross-lease title, it features a roof made of tiles and walls constructed with mixed materials. The property, in need of some tender love and care, presents a promising transformation opportunity. The capital value has seen a significant increase of 25.3% from $830,000 in 2017 to $1,040,000 as of June 2021. Ignore the CV and online estimates, as the owners are determined to sell, offering a chance to own a piece of real estate in a prime grammar zoning area.

With a HouGarden AVM of $970,000, this property has a history of solid sales and a bright future in the real estate market. The location provides easy access to the city and is zoned for top-rated schools such as Auckland Grammar, Auckland Normal Intermediate, Epsom Girls' Grammar School, and more. This is an opportunity not to be missed, especially for those with serious intentions in a triple grammar zone.

Education-wise, the property falls within the zones of highly esteemed schools. Auckland Grammar offers secondary education with a decile rating of 9. Auckland Normal Intermediate and Epsom Girls' Grammar School share the same rating, while Mt Albert Grammar School is rated at 7. Balmoral School is a full primary with a decile rating of 9, and Maungawhau School, a contributing school, is rated at the highest decile of 10. This address is a goldmine for families seeking the best education for their children.

Updated on May 17, 2024

Council Data

Last update : 2024 12 11
Improvement value$310,000Increased by 24% from year 2017
Land value$730,000Increased by 25% from year 2017
CV(Year 2021 Month 06)$1,040,000Increased by 25% from year 2017
View typeNo appreciable view
ContourEasy/Moderate Fall
Floor area79m²
Decade of construction1974
TitleNA28D/632
Type of titleCross-Lease
Legal descriptionCARPORT 4 DP 72959, FLAT 1 DP 72959, LOT 1 DP 63718 675M2
CouncilAuckland - City
Estate descriptionFSIM,1/3,FLAT 1 DEPOSITED PLAN 72959 AND CARPORT 4 DEPOSITED PLAN 72959
Council rates$2,879.56
2023/2024
ConditionExternal Walls: Average
Roof: Average
ZoningResidential - Terrace Housing and Apartment Building Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Maungawhau School
0.39 km
Primary
1-6
Government
Co-Educational
EQI: 344
10
Auckland Normal Intermediate
0.96 km
Secondary
7-8
Government
Co-Educational
EQI: 374
9
Balmoral School (Auckland)
1.00 km
Primary
1-8
Government
Co-Educational
EQI: 371
9
Epsom Girls Grammar School
2.27 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 397
9
Auckland Grammar School
2.44 km
Secondary
9-15
Government
Single Sex-Boys
EQI: 385
9
Mt Albert Grammar School
2.74 km
Secondary
9-15
Government
Co-Educational
EQI: 419
7
Auckland Girls' Grammar School
3.54 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 488
3

Property history

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Unitary plan:Residential - Terrace Housing and Apartment Building Zone
Land:-
Title:Cross-Lease

Surrounding facilities

Balmoral Road Neighborhood and Surrounding Data

Suburbs

Data analysis - Mount Eden properties data
Mount Eden property trend
Year
Median price
Growth
Sales count
2024
$777,500
-6%
34
2023
$827,500
-8.9%
22
2022
$908,000
-5.6%
23
2021
$961,500
17.9%
37
2020
$815,800
20%
51
2019
$680,000
-6.7%
47
2018
$728,625
0.6%
46
2017
$724,250
-3.4%
28
2016
$749,500
15.7%
46
2015
$648,000
15.7%
67
2014
$560,000
-
54

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
2/95 Balmoral Road, Mount Eden
0.03 km
3
1
-m2
Year 2024 Month 12 Day 04
$1,000,000
Council approved
2/20 Henley Road, Mount Eden
0.29 km
2
1
-m2
Year 2024 Month 11 Day 27
$690,000
Council approved
25 Kingsview Road, Mount Eden
0.22 km
5
2
-m2
Year 2024 Month 11 Day 06
-
Council approved
7 Baleden Lane, Mount Eden
0.32 km
3
1
0m2
Year 2024 Month 09 Day 10
$1,180,000
Council approved
18 Bank Street, Mount Eden
0.32 km
4
2
155m2
Year 2024 Month 08 Day 12
-
Council approved

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