3/11 Lovelock Avenue, Mount Eden, Auckland

Nestled in the prestigious Mount Eden, this 1-bedroom, 1-bathroom home is set on a level contour with concrete walls and an iron roof, boasting an ownership type of Cross-Lease. The property, built in 1971, features a good wall condition and an average roof, with a floor area of 46 square meters. The capital value has seen a significant increase from $520,000 in 2017 to $640,000 as of June 2021, marking a growth of 23.08%. The latest sale history includes transactions in 2008, highlighting a growing investment potential.

As for the valuation, the HouGarden AVM estimates the property at $612,500, providing a comprehensive market perspective. This home not only offers stylish, renovated living spaces with modern amenities but is also located in a highly sought-after school zone. The Auckland Grammar School, Mt Eden Normal School, and Auckland Normal Intermediate are among the top-rated schools in the area, each with a decile rating of 9 or 10.

Whether you're a first home buyer, downsizer, or investor, this property presents an ideal opportunity. Within walking distance to cafes, restaurants, and a supermarket, and with public transportation at your doorstep, convenience is at the heart of this residence. After 15 years of meticulous ownership, it's time for a new chapter to begin in this charming, grammar zone home.

Updated on April 18, 2024