18 Bank Street, Mount Eden, Auckland

Nestled in the heart of Mount Eden, Auckland, this inviting family home at 18 Bank Street boasts a freehold title and a charming 1915 construction. The residence features 4 bedrooms, a generous floor area of 155m2, and a sprawling land area of 545m2. Adorned with wood exterior walls and an iron roof, this property offers a mix of original charm and modern potential. The home has been converted to flats, presenting an opportunity for added value through renovations. It's located in a quiet cul-de-sac, just a stroll away from the vibrant cafes and shops of Mt Eden Village, and a short drive to St Luke's Westfield and the CBD.

Since 2017, the capital value has seen a rapid increase of 45%, reaching $2,175,000 as of June 2021. The HouGarden AVM estimates the property's worth at $2,120,000, while the latest sale in 1999 was for $445,000. This indicates significant growth potential in a sought-after suburb.

Educationally, the property falls within the Maungawhau School zone, a decile 10 contributing school. It's also in close proximity to Auckland Normal Intermediate (decile 9), Mt Albert Grammar School (decile 7), and Auckland Girls' Grammar School (decile 3), offering a range of high-quality educational options.

Updated on August 12, 2024