44 Gold Street, Albany Heights, Auckland - North Shore

Nestled in the heart of the highly sought-after Albany Heights neighbourhood, 44 Gold Street presents a rare opportunity for those with a keen eye for potential. This substantial 7-bedroom residence, despite lacking information on bathrooms, boasts 2 car parks, a floor area of 324m2, and sits on a generous 626m2 of freehold land. Constructed in 2004 with mixed materials for the roof and roughcast for the walls, the property, however, is noted to have poor conditions in both wall and roof. The property's contour is described as easy/moderate rise, making it an appealing choice for many.

From a financial perspective, the property has seen a significant increase in capital value, rising from $1,235,000 in July 2017 to $1,400,000 by June 2021, marking a 13.36% increase. Despite this, the HouGarden AVM estimates its value at $989,500, with the latest sale on January 22, 2024, fetching $925,000, a decrease from its previous sale price of $790,000 on August 8, 2009. This presents a unique investment opportunity, especially considering the rental appraisal of $1,100 - $1,200 per week.

For families, the property's location within top school zones cannot be overstated. It falls within the catchment areas for Albany Senior High School, Albany School, and Albany Junior High School, all highly regarded institutions with decile ratings of 10 and 9. This ensures access to quality education, making it an ideal location for family living.

Updated on April 06, 2024.