Nestled in the coveted Mt Eden neighborhood, this charming bungalow on 146 Balmoral Road presents an exquisite opportunity on a freehold title. Constructed in 1920 with wood walls in good condition and an iron roof in average condition, the property boasts 2 bedrooms, a home office, a single carpark, and a floor area of 106sqm on a level contour site of 524sqm. The capital value has seen a rapid increase of 36.9% from $1,260,000 in 2017 to $1,725,000 in 2021. The HouGarden AVM estimates the property at $1,650,000, making it an attractive prospect for investors and homeowners alike.
With a CV of $1,725,000, this property is not just a number; it's a warm, inviting space with leadlight windows and polished timber floors. The large, serene garden creates a peaceful retreat, while the location provides proximity to top schools like Epsom Girls' Grammar (Decile 9) and Mt Albert Grammar (Decile 7), as well as Balmoral School (Decile 9) and Maungawhau School (Decile 10), making it ideal for families with educational priorities.
Here is a home that not only holds a prestigious address but also the promise of a sound investment, with potential for further value addition. Whether you're a first-time buyer, a small family, or a downsizer, this is a rare chance to own a slice of paradise in one of Auckland's most desirable suburbs.
Updated on October 04, 2024