Nestled at the end of a serene cul-de-sac on 5 Barrymore Road, Mount Albert, Auckland, this circa-1940's 2-bedroom, 1-bathroom residential dwelling with an 80sqm floor area and 548sqm land area is a charming freehold property. Its exterior walls, crafted from wood, and tile roof are in average condition, befitting the era of its construction. Since the latest sale in 2008, the property has seen a significant capital value increase of 74.63%, from $670,000 in 2017 to the current government valuation of $1,170,000 as of June 2021. HouGarden AVM estimates the property's worth at $1,122,500, making it an attractive prospect for investors and first-home buyers.
With a history of steady capital value growth, this property offers a promising investment. The latest recorded sale was in 2008 for $375,000, indicating a substantial appreciation over the years. The property's contour is level, and it is complemented by a spacious, fully fenced backyard, ideal for family activities and potential personalization into a private oasis.
For families with school-aged children, the property falls within the zones of Avondale College (decile 4), Owairaka District School (decile 3), and Wesley Intermediate (decile 1), ensuring access to quality education. This opportunity is truly surplus to requirements and should not be overlooked.
Updated on October 18, 2024