Nestled at 34 Bright Street, Eden Terrace, Auckland, this exquisite freehold property boasts a capital value that has seen a 30.36% increase from $1,400,000 in 2017 to $1,825,000 as of June 2021. Constructed in 1905 with wood walls and an iron roof, both in good condition, this residence offers 4 bedrooms, 2 bathrooms, and a carpark, spread across a floor area of 132 square meters on a land area of 334 square meters. The property, with its easy/moderate fall contour, is located in a quiet cul-de-sac, providing an elevated west-facing outlook with stunning greenbelt views and easy access to afternoon and evening sun.
As for valuation, the HouGarden AVM estimates the property at $1,750,000, while the latest sale history includes transactions in 2012 for $890,000 and in 2003 for $501,200. This home not only offers generous spaces and villa living but also resides within a highly sought-after school zone. Pasadena Intermediate and Western Springs College, both with a decile rating of 8, are in close proximity, as are Newton Central School and Mt Albert Grammar School, each with a decile rating of 7. Auckland Girls' Grammar School, with a decile rating of 3, is also accessible.
Here is a home that not only promises a lifestyle of convenience and comfort but also holds significant value in its educational opportunities and investment potential. With its picture-perfect setting, it's no surprise that this Bright Street gem is a stand-out in the market.
Updated on April 26, 2024