Located at 2/197 Balmoral Road, Mount Eden, Auckland - City, this charming property features 2 bedrooms, 1 bathroom, and 1 carpark, spread across a floor area of 62 square meters. Built in the 1930s, the home boasts a roughcast wall construction and tile roofing, both in average condition. This residence is a Cross-Lease property, categorized under Residential - Ownership home units, and is situated on a level contour with no specified land area. The high ceilings and generous deck areas facing north and west enhance the living experience, offering ample space for relaxation and outdoor entertainment.
The property has seen a capital value increase of approximately 4.49% from $890,000 in July 2017 to $930,000 in June 2021. The latest HouGarden AVM estimates the property's value at $892,500. Historical sales data reveals a sale for $880,000 on June 8, 2020, and a previous sale at $681,000 on October 14, 2015. This demonstrates a steady appreciation in value, reflecting the property's desirability and the robust Auckland housing market.
Education is a priority for many families, and this property does not disappoint. It is zoned for Balmoral School (Auckland) Zone B (years 7-8) with a decile rating of 9, Auckland Girls' Grammar School (Secondary, Year 9-15) with a decile rating of 3, and Mt Albert Grammar School (Secondary, Year 9-15) with a decile rating of 7. These sought-after school zones ensure access to quality education, making it an ideal choice for families.
Updated on April 05, 2024.