Nestled in the heart of Mount Eden, at 118 Peary Road, lies a charming residential dwelling on a freehold site, built in 1930 with wood walls and an iron roof. This 4-bedroom, 2-bathroom home with 2 car parks and a floor area of 145 square meters is set on a levelled land area of 546 square meters. The property presents a good wall condition and an average roof condition, perfect for a family looking to settle down. The capital value has seen a significant increase from $1,700,000 in 2017 to $2,275,000 as of 2021, reflecting a growth of 33.82%. The HouGarden AVM estimates the property at $2,115,000, while the latest sales were recorded at $1,300,000 in 2014 and $870,000 in 2008.
For families with school-aged children, the property falls within the zones of highly regarded schools such as Maungawhau School with a decile of 10, Mt Albert Grammar School with a decile of 7, and Auckland Girls' Grammar School with a decile of 3. The location provides easy access to shopping and dining areas, adding to the enduring value of this central position.
With its character features, warm timber floors, beamed ceilings, and well-maintained outdoor spaces, this property offers both immediate enjoyment and potential for future value addition. The motivated sellers are ready to meet the market on auction day. Don't miss this exceptional opportunity to secure a slice of timeless appeal in a family-oriented neighborhood.
Updated on May 23, 2024