4/75 Richardson Road, Mount Albert, Auckland

This charming property located at 4/75 Richardson Road, Mount Albert, Auckland - City, boasts 2 bedrooms, 1 bathroom, and a floor area of 69m². Constructed in the 1960s, this residential unit is part of a Cross-Lease ownership type and features durable brick walls and tile roofing, both in good condition. The property sits on a level contour, highlighting its ease of access and potential for various uses. Despite having no designated car parks, its strategic location and the generous layout, including an additional basement, make it an attractive option for first-time buyers or investors.

The property has seen a significant increase in its capital value, from $620,000 in July 2017 to $780,000 in June 2021, marking a 25.81% growth. The latest sale on January 22, 2024, was at $750,000, consistent with the HouGarden AVM estimate. This demonstrates the property's enduring value and appeal in the market. The historical sale in April 2013 at $362,000 underscores the property's substantial appreciation over time.

Education is a priority for many, and this property does not disappoint. It is zoned for several reputable schools, including Owairaka District School (decile 3), Kowhai Intermediate School (decile 7), Mt Albert Grammar School (decile 7), and Avondale College (decile 4). These options provide a range of educational opportunities for families, from primary through to secondary levels.

Updated on April 06, 2024.