12/27 Rossmay Terrace, Mount Eden, Auckland

Nestled in the vibrant heart of Auckland, at 12/27 Rossmay Terrace, Mount Eden, is a charming residential unit, perfect for those seeking an entry-level home in a prime location. This 2-bedroom, 2-car park property with a floor area of 116sqm boasts an Iron roof and Roughcast walls, built in 1998 with average condition. It holds a Unit Title, offering a sense of community within the complex. The property presents an opportunity for value addition, being a sought-after spot with excellent potential for renovation. The capital value has seen a growth of 26.47% from $680,000 in 2017 to $860,000 as of June 2021, while the HouGarden AVM estimates it at $852,500. Notably, the latest sale was recorded at $720,000 in October 2024, following a previous one at $675,000 in December 2019.

For families with school-going children, the property falls within the decile 6 Mt Albert School zone and is in close proximity to the esteemed Mt Albert Grammar School (decile 7), Kowhai Intermediate School (decile 7), and Auckland Girls' Grammar School (decile 3). This educational advantage adds significant value to the property, ensuring a bright future for the young ones.

Set in a quiet cul-de-sac, the residence is part of a well-regarded complex, centrally located with easy access to transport, dining, shopping, and the entertainment hub of Eden Park. The Morningside Precinct, with its diverse offerings, is a new local attraction, making this property an attractive prospect for those aiming to become a true Kingsland local.

Updated on November 27, 2024