4/13 Queens Avenue, Mount Eden, Auckland

Nestled in the heart of Mount Eden at 4/13 Queens Avenue, this residential ownership home unit boasts 2 bedrooms, 1 bathroom, and a prime location. Constructed with durable brick walls and tiled roofing in 1971, the property stands in good condition both inside and out. The cross-lease title adds to the appeal, as does the level contour of the land and the convenience of an off-street car park in this quiet cul-de-sac. The capital value has seen a rapid increase from $470,000 in 2017 to $610,000 as of June 2021, marking a 30.18% growth.

With a HouGarden AVM of $592,500 and a latest sale history showing a $585,000 transaction in 2020, this property presents a solid investment. The government valuation rise is a testament to the area's desirability, and the property's potential as a rental, having already met healthy home standards, makes it an even more attractive prospect.

For families, the school network is a significant draw. In zone for highly-rated institutions such as Balmoral School (Decile 9), Maungawhau School (Decile 10), Auckland Girls' Grammar School (Decile 3), and Mt Albert Grammar School (Decile 7), educational opportunities are abundant. This could be your chance to secure a slice of property gold in a sought-after Auckland suburb.

Updated on August 08, 2024