Nestled in the prestigious Epsom neighborhood of Auckland, 50 Maungawhau Road presents a charming mid-century residence on a freehold site. This 2-bedroom, 2-carpark home, built in 1951, boasts a floor area of 230sqm and is set on a generous 2020sqm section with a contour that offers ease and privacy. The property features wood exterior walls in good condition and a robust tile roof. The capital value has remained stable at $3,550,000 since 2017, with a zero increase percentage. However, the HouGarden AVM estimates a value of $3,302,500, suggesting potential growth. This home is a perfect blend of retro charm and modern convenience, located in a quiet cul-de-sac and zoned for high decile schools, including Auckland Grammar and Epsom Girls' Grammar School.
With a government valuation that doesn't reflect its true potential, this property is a gem waiting to be polished. The recent sale history, sold at auction by the renowned Stones, indicates the high demand for properties in this exclusive area. Whether you're looking to renovate and restore its vintage appeal or capitalize on the prime location for new development, this property offers endless possibilities.
Educationally, the property falls within the catchment area of some of Auckland's finest schools. Auckland Grammar, a decile 9 secondary school, and Newmarket School, a decile 7 contributing school, are among the prestigious institutions in the zone. Auckland Normal Intermediate and Epsom Girls' Grammar School, both decile 9, complete the impressive educational offerings. This is a rare opportunity to secure a slice of history with a promising future.
Updated on May 20, 2024