Nestled in the serene cul-de-sac of Brentwood Avenue, Mount Eden, Auckland, this 1920-built residence boasts a freehold title and a versatile layout currently configured into three flats. The 157sqm floor area is complemented by a spacious 506sqm section with wood exterior walls and an iron roof in average condition. This property, with a capital value of $2,175,000 as of June 2021, has seen a remarkable increase of 35.94% from its $1,600,000 valuation in July 2017. Investors will appreciate the potential for further capital gain in this highly sought-after location.
With a HouGarden AVM of $2,120,000 and a latest sale history of $1,784,000 in June 2024, this property presents a golden opportunity for those seeking a sound investment with cash flow. The property's convenient proximity to the city, public transport, and a range of amenities including schools, shops, and entertainment, further enhances its appeal.
For families, the school zone is a significant draw, with Auckland Grammar (Decile 9), Mt Eden Normal School (Decile 10), and other reputable institutions nearby. Whether you choose to retain the property as an investment or renovate for personal use, this classic do-up opportunity is not to be missed.
Updated on August 07, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.15 km | 1 | 1 | 45m2 | Year 2024 Month 11 Day 01 | $220,000 | Council approved | |
 | 0.20 km | 1 | 1 | 41m2 | Year 2024 Month 09 Day 12 | - | Council approved | |
0.22 km | 1 | 1 | 40m2 | Year 2024 Month 08 Day 22 | $400,000 | Council approved | ||
 | 0.17 km | 3 | 2 | 132m2 | Year 2024 Month 07 Day 31 | - | Council approved | |
 | 0.02 km | 2 | 1 | 71m2 | Year 2024 Month 07 Day 04 | $380,000 | Council approved |