148c Balmoral Road, Mount Eden, Auckland

Nestled in a serene cul-de-sac on 148c Balmoral Road, Mount Eden, this freestanding townhouse with a Cross-Lease title is a gem in Auckland's property market. Constructed in 1993 with iron roofing and wooden walls in good condition, the 3-bedroom, 2-bathroom home boasts a floor area of 134 square meters and a carpark for 3 vehicles. The property's Capital Value (CV) has seen a rapid increase from $1,300,000 in 2017 to $1,675,000 as of June 2021, reflecting a growth of 28.85%. The HouGarden AVM estimates the property's value at $1,124,500, while the latest sales were recorded at $607,000 in 2011 and $269,000 in 1999.

For families with children, the property falls within the zones of several esteemed schools. Maungawhau School, a decile 10 institution, Balmoral School (Auckland) Zone B (years 7-8) with a decile 9 rating, Epsom Girls' Grammar School (decile 9), and Mt Albert Grammar School (decile 7) are all within easy reach. Auckland Girls' Grammar School, a secondary school with a decile 3 rating, is also in the vicinity.

With its peaceful setting, convenient access to amenities, and excellent school zones, this property presents an obtainable dream for both homeowners and investors. It's a perfect blend of comfort, potential, and location, priced to attract immediate interest.

Updated on May 18, 2024