4/10 Marsden Avenue, Mount Eden, Auckland

Nestled in the heart of Mount Eden, this charming residential unit at 4/10 Marsden Avenue boasts 3 bedrooms, 1 bathroom, and a lock-up garage. Constructed in 1972 with a mix of materials for the walls and tiles for the roof, this cross-lease property sits on an easy-to-moderate contour with a well-maintained exterior. The capital value has seen a rapid increase from $790,000 in 2017 to $1,020,000 as of June 2021, marking a growth of 29.11%. The property's HouGarden AVM stands at $980,000, with a latest sale history of $780,000 in 2019 and $350,000 in 2007. The potential for further development is vast, with ample storage space waiting to be utilized.

With a CV increase that outpaces the market, this property is not just a home but a sound investment. It enjoys a prime location, basking in all-day sun and offering a serene living environment in a quiet cul-de-sac. The school zones are a significant highlight, with top-rated institutions such as Maungawhau School and Auckland Normal Intermediate within reach, while Mt Albert Grammar School and Auckland Girls' Grammar School are also in the vicinity. This unit presents an ideal opportunity for first-time buyers, professionals, and investors alike, and is a must-see for those seeking an affordable start in the desirable Mt Eden area.

Education is a cornerstone here, with schools boasting high decile ratings, ensuring a quality education for the family. Whether you choose to live in or rent out, this property holds the promise of comfort, convenience, and potential returns.

Updated on October 22, 2024