Nestled in the coveted Mt Eden locale, this 1960s brick gem at 3/116 Grange Road offers a cozy 1-bedroom, 1-bathroom unit with a single carpark. The property, with a floor area of 45sqm, stands on a unit title with an iron roof and brick exterior walls. The CV has seen a significant increase, rising from $580,000 in 2017 to the current $720,000, reflecting a growth rate of 24.14%. The property is move-in ready, boasting a level contour and average wall and roof conditions, while the bonus of a large basement storage area is a rare find in a 1-bedroom unit.
With a HouGarden AVM of $670,000 and a history of sales in 2007 for $367,000 and in 2003 for $186,000, this property presents a sound investment. The CV growth trajectory and the prime location make it an attractive prospect for those looking to step onto the property ladder or seeking a downsized home in a top school zone.
Education opportunities are abundant, with Auckland Grammar, Mt Eden Normal School, and Epsom Girls' Grammar School, all within the zone and boasting high decile ratings. This unit is perfect for those who value a serene lifestyle with easy access to the city's amenities, public transport, and the motorway network, all while being in close proximity to the vibrant Mt Eden Village and Dominion Rd eateries.
Updated on June 07, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.18 km | 2 | 1 | 0m2 | Year 2024 Month 12 Day 02 | $732,000 | Council approved | |
 | 0.19 km | 4 | 2 | 0m2 | Year 2024 Month 11 Day 12 | - | Council approved | |
 | 0.27 km | 4 | 2 | -m2 | Year 2024 Month 10 Day 29 | - | Council approved | |
 | 0.15 km | 4 | 2 | 170m2 | Year 2024 Month 08 Day 28 | $2,110,000 | Council approved | |
 | 0.33 km | 4 | 2 | 0m2 | Year 2024 Month 07 Day 01 | $2,850,000 | Council approved |