2/53 Grange Road, Mount Eden, Auckland

Nestled in the serene Grange Road of the prestigious Mount Eden, this 1973-built, cross-lease property boasts 2 bedrooms, 1 bathroom, and a modest floor area of 53 square meters. Its fibrous cement walls and iron roof, in average condition, rest upon a land with an easy-to-moderate contour. The property, valued at $790,000 as per the latest government valuation, has seen a CV increase of 23.44% since 2017. The HouGarden AVM estimates a slightly higher value at $795,000, while the latest sale history shows a transaction at $618,000 in 2023 and $603,000 in 2016. This residence is not just a home but an investment opportunity in the high-demand double grammar school zone, with Auckland Grammar and Epsom Girls' Grammar School within reach, both boasting a decile rating of 9. Mt Eden Normal School, a decile 10 institution, is also in the vicinity, making it an ideal choice for families with educational aspirations.

As for the property itself, it invites you with an open-plan living space bathed in natural light, complemented by a balcony that overlooks the tranquil surroundings. The convenient location near Mount Eden village and the proximity to Auckland's CBD offer the perfect blend of urban convenience and suburban charm. This property is not just a haven for families but also an attractive prospect for young professionals seeking a balanced lifestyle.

With a strong capital value growth history and a desirable school network, this property presents a golden opportunity for both nesting and investment. It's a chance to secure a piece of the highly sought-after Mount Eden suburb, where the promise of a rewarding future awaits.

Updated on September 23, 2024