1/601 Mount Albert Road, Royal Oak, Auckland

Nestled in the serene Royal Oak, this charming 1980s classic boasts a cross-lease title on a third of a 1271 sqm land, sharing the tranquility with only two other properties. The 138 sqm floor area encompasses two bedrooms, one bathroom, and an additional sleepout, perfect for small families, first home buyers, or investors. The exterior boasts a robust fibrous cement wall and a well-maintained tile roof. Notably, the property has seen a 29.41% increase in Capital Value from $850,000 in 2017 to $1,100,000 as of June 2021. The HouGarden AVM estimates the property at $1,005,000, while the latest sales were recorded at $855,000 in 2019 and $660,000 in 2014.

For investors, the rapid CV growth is promising, and the property's AVM indicates a stable market value. The location is further enhanced by its proximity to Monte Cecilia Park and Pah Homestead, and the convenience of a bus stop right outside. The residence features a heat pump, HRV system for comfort, and a botanically inspired entrance leading to a pastel grey lounge with an enclosed conservatory/sunroom - a perfect spot for relaxation or entertainment.

Educationally, the property falls within the zones of Three Kings School (Decile 7), Royal Oak Intermediate (Decile 2), Onehunga High School (Decile 3), and the esteemed Baradene College (Decile 9), offering a range of options for families with children of different ages.

Updated on December 05, 2024