Nestled at 2 George Street, Mount Eden, Auckland, this charming historical villa on a freehold title boasts 4 bedrooms and a floor area of 139 square meters. Constructed in 1900 with wood walls and an iron roof, it presents a mix of conditions with an average roof and a steep fall contour. The property's capital value has seen a rapid increase from $1,250,000 in 2017 to $1,925,000 as of 2021, reflecting a growth of 54%. The latest sale was recorded at $1,340,000 in 2023, signifying the property's consistent appeal.
As per the HouGarden AVM, the property is valued at $1,524,500. The government's valuation history and the recent sale prices are indicative of the property's investment potential. The capital value growth percentage is a testament to the area's desirability and the property's increasing worth.
For families with school-aged children, the property falls within the zones of highly regarded schools such as Mt Eden Normal School (decile 10), Mt Albert Grammar School (decile 7), Kowhai Intermediate School (decile 7), and Auckland Girls' Grammar School (decile 3). This provides an excellent educational opportunity for children living in this quiet cul-de-sac.
Updated on August 19, 2024