Nestled on a prime location at 8 Rossmay Terrace, Mount Eden, Auckland, this 1926-built, freehold property is a charming 3-bedroom bungalow with a fair condition wood exterior and iron roof. It sits on a 524sqm section with an easy/moderate rise contour, offering a peaceful living environment in a sought-after cul-de-sac. The interior, spanning 125sqm, holds great potential for modernization, ignoring the current Capital Value (CV) of $1,975,000 and online estimates. The CV has seen a remarkable increase of 59.27% since 2017, reflecting the property's growing worth. This home is perfect for families, with school zones including the decile 6 Mt Albert School, decile 7 Kowhai Intermediate and Mt Albert Grammar School, and the decile 3 Auckland Girls' Grammar School, ensuring top-notch education for all ages. The property's HouGarden AVM is valued at $1,985,000, further highlighting the investment potential of this centrally located gem.
With a rich history and a recent sales record, this property is not just a dwelling but an opportunity. Its strategic position near Kingsland Village, the train station, and popular entertainment venues like Eden Park and the Morningside Precinct, make it a lucrative prospect for investors and homeowners alike. The accessibility to trains, buses, motorways, and arterial links adds to the appeal of this property, making it a golden chance to revitalize a piece of Auckland's heritage.
Embrace the chance to give this character bungalow the love it deserves, and benefit from the potential it holds within the highly rated school zones. Don't miss out on this chance for a bright future - the auction is set for 11am on Friday, 27th September, at 411 Remuera Road, Remuera, unless sold prior.
Updated on September 27, 2024