This cherished brick and tile bungalow at 1191 New North Road, Mount Albert, Auckland - City, offers a unique opportunity for those looking to capitalize on its central location and THAB zoning. Built in the 1950s and having only one owner since, this property retains its original charm. It features three bedrooms, with the house covering a floor area of 121 sqm and sitting on a 518 sqm section. Despite its average condition in terms of wall and roof, its level contour and freehold ownership type make it an appealing prospect. The property's corner site position, close to Pak N Save and Mt Albert Village, along with easy access to motorway links, trains, and buses, enhances its appeal. Moreover, it falls within the zoning for well-regarded local schools, making it an excellent rental or residence while future plans are prepared.
From a financial perspective, the property has seen a significant increase in capital value, from $1,030,000 in July 2017 to $1,250,000 in June 2021, marking a 21.36% growth. The HouGarden AVM estimates its value at $1,230,000. This much-loved family home is ready for a new era, presenting an exciting opportunity for the next owner. The auction is set for 6pm, Wednesday the 27th of March 2024, at 420C New North Road, Kingsland (unless sold prior).
In terms of education, the property is zoned for Avondale Intermediate (decile 2), Avondale College (decile 4), Avondale Primary School (Auckland) (decile 3), and Owairaka District School (decile 3), offering a range of options for families with children.
Updated on April 02, 2024.