Nestled on a serene Bellwood Avenue in the prestigious Mount Eden, this 5-bedroom, 1-carpark villa exudes elegance with its wood-panelled walls and iron-roofed charm, built in the turn of the 20th century. The freehold property boasts a floor area of 222sqm and is set on a generous 562sqm section, enjoying a good condition both in walls and roof. The government’s capital value has seen a dramatic increase from $1,975,000 in 2017 to $3,000,000 as of June 2021, reflecting a growth rate of 51.90%. The property also holds a HouGarden AVM of $2,795,000, hinting at its premium value in the market.
With a rich history and potential for added value, this property has been a successful luxury Bed and Breakfast, offering versatile income opportunities. It's in the zone for highly esteemed schools, including the decile 10 Mt Eden Normal School and the decile 7 Mt Albert Grammar School, making it an ideal family home in a sought-after educational area.
Located in a quiet cul-de-sac, the property is not only convenient for an easy walk to Eden Park and the vibrant Dominion Road, but also provides quick access to the city and motorways. This is a rare opportunity to own a piece of Auckland’s heritage, with the potential for a thriving lifestyle business or a luxurious family residence.
Updated on June 05, 2024