1 King Edward Street, Mount Eden, Auckland

Nestled in the prestigious Mount Eden, this 3-bedroom, 2-carpark bungalow on 1 King Edward Street boasts a freehold title and a generous floor area of 123sqm on a levelled 582sqm section. Constructed in 1920 with wood walls and an iron roof, both in average condition, the property exudes vintage charm with modern conveniences like a heat pump. The government's capital value has seen a remarkable increase from $1,750,000 in 2017 to $2,475,000 as of June 2021, reflecting a growth of 41.43%. The HouGarden AVM estimates the property at $1,928,500, while the latest sales were recorded at $975,000 in 2014 and $675,000 in 2008.

For families with school-aged children, the property falls within the zones of highly-rated schools such as Mt Eden Normal School (decile 10), Mt Albert Grammar School (decile 7), Kowhai Intermediate School (decile 7), Balmoral School (decile 9), and Auckland Girls' Grammar School (decile 3), ensuring access to quality education.

Set in a quiet cul-de-sac, the north-facing backyard is a private oasis with mature trees, perfect for family gatherings and potential additions like a swimming pool. The versatile studio at the rear provides an ideal work-from-home space or a quiet retreat. With its prime location, this property offers a blend of convenience, lifestyle, and potential, making it an opportunity not to be missed.

Updated on May 09, 2024