2/11 Alcock Street, Mount Wellington, Auckland

Nestled in the serene Alcock Street, this 2-bedroom apartment is a gem in the heart of Mount Wellington, Auckland. Constructed in 1976 with fibrous cement walls and an iron roof, this unit title property offers a comfortable 60 square meters of floor area. It boasts an average condition both in walls and roof, and is part of a secure complex with a private parking area at the rear. The property has seen a significant increase in capital value, rising from $410,000 in 2017 to $630,000 as of June 2021, marking a 53.66% growth. The latest sale was recorded at $630,000 in February 2024, a substantial leap from the $250,000 sale in 2012.

As for the valuation, the HouGarden AVM estimates the property at $602,500. The government’s capital value assessment also reflects a robust growth trajectory. This residence is not just a home but a sound investment, given its proximity to the city center and the promising increase in property value.

For families with school-aged children, the property falls within the zones of several reputable schools. Baradene College, a secondary school with a decile rating of 9, is one of the many highlights. Stanhope Road School, Bailey Road School, and One Tree Hill College are also within reach, catering to primary and secondary education with their respective decile ratings.

Updated on April 10, 2024