31 Tasman Avenue, Mount Albert, Auckland

Nestled in a serene cul-de-sac at 31 Tasman Avenue, Mount Albert, Auckland, this charming 1940's residence boasts 3 bedrooms, 1 bathroom, and a single carpark. Constructed with wood exterior walls and tiled roofing, this freehold property sits on a level 637m2 land area with a floor space of 90m2. The home has been renovated and is in average condition both inside and out, offering a flexible floor plan that can be arranged as a 3-bedroom or 2-bedroom with additional living spaces.

With a significant Capital Value (CV) increase of 60.42% from $1,200,000 in 2017 to $1,925,000 as of June 2021, and an estimated value of $1,627,500 by HouGarden AVM, this property also holds a historical sale record of $270,000 in 2008. It presents a lucrative opportunity for investors and land bankers, especially being in the Mixed Housing Urban Zone with potential for further development under the THAB or Terrace Housing and Apartments Zone.

For families, the property falls within the highly sought-after school zones of Pasadena Intermediate (Decile 8), Gladstone School (Decile 9), and Mt Albert Grammar School (Decile 7). Centrally located, it's within walking distance to Unitec, the train station, and local amenities, making it an ideal blend of convenience and potential growth.

Updated on July 22, 2024