21 Madison Place, Forrest Hill, Auckland - North Shore

Nestled in the serene Forrest Hill, 21 Madison Place boasts a charming free-standing home on a quiet cul-de-sac. This 5-bedroom, 3-bathroom property with 3 car parks is a Home and Income opportunity. Constructed in 2000 with wood walls and tiled roof, both in good condition, it sits on a 484m² freehold section with a 252m² floor area. The capital value has seen a 20.94% increase from $1,385,000 in 2017 to $1,675,000 as of 2021. The HouGarden AVM estimates it at $1,557,500, while the latest sale was in 2013 for $940,000. The property is zoned for top-rated schools, including Campbells Bay School (Decile 10) and Westlake High schools, making it an ideal choice for families. With easy access to amenities and public transport, this home offers comfort, style, and potential for investors or large families.

Since its last valuation, the property has appreciated significantly, reflecting a sound investment in a sought-after location. The architectural design provides spacious living areas, upstairs with 3 bedrooms and 2 bathrooms, and a master with an ensuite and walk-in wardrobe. The ground floor has 2 bedrooms, 2 bathrooms, and separate living spaces, ensuring privacy and flexibility. The large sun-drenched deck and private backyard create an inviting outdoor haven. This low-maintenance home is perfect for a range of lifestyles and is a rare find in the Double Westlake Zone.

For those seeking a warm, comfortable family home or a home and income opportunity, this property is a gem. Its excellent school zones, with Decile 10 Campbells Bay Primary and highly regarded Westlake secondary schools, are a significant advantage. The property's convenient location, coupled with its capital value growth, makes it an attractive prospect for buyers looking for a sound investment in a thriving community.

Updated on May 03, 2024