3/116 Grange Road, Mount Eden, Auckland

Nestled in the coveted Mt Eden locale, this 1960s brick gem at 3/116 Grange Road offers a cozy 1-bedroom, 1-bathroom unit with a single carpark. The property, with a floor area of 45sqm, stands on a unit title with an iron roof and brick exterior walls. The CV has seen a significant increase, rising from $580,000 in 2017 to the current $720,000, reflecting a growth rate of 24.14%. The property is move-in ready, boasting a level contour and average wall and roof conditions, while the bonus of a large basement storage area is a rare find in a 1-bedroom unit.

With a HouGarden AVM of $670,000 and a history of sales in 2007 for $367,000 and in 2003 for $186,000, this property presents a sound investment. The CV growth trajectory and the prime location make it an attractive prospect for those looking to step onto the property ladder or seeking a downsized home in a top school zone.

Education opportunities are abundant, with Auckland Grammar, Mt Eden Normal School, and Epsom Girls' Grammar School, all within the zone and boasting high decile ratings. This unit is perfect for those who value a serene lifestyle with easy access to the city's amenities, public transport, and the motorway network, all while being in close proximity to the vibrant Mt Eden Village and Dominion Rd eateries.

Updated on June 07, 2024