Nestled in the serene cul-de-sac of 3/69 Monarch Avenue, Hillcrest, Auckland, this charming residential dwelling boasts a cross-lease title on a flat land with an easy/moderate rise contour. Constructed in 1989 with wood walls and iron roofing, both in good condition, this property has been recently renovated to feature 3 spacious bedrooms, a modern kitchen, and an open-plan living area, complemented by 1.5 bathrooms and a single carpark. The capital value has shown a notable increase of 25% from $920,000 in 2017 to $1,150,000 as of June 2021. The HouGarden AVM estimates the property at $1,102,500, while the latest sales history indicates a growth from $405,000 in 2007 to $435,000 in 2011.
For families with children, the property falls within the zones of the highly esteemed Willow Park School (decile 9), Northcote Intermediate School (decile 6), and Northcote College (decile 7), ensuring access to quality education. The prime location provides convenient access to motorways, city amenities, North Shore beaches, and a wealth of shopping and recreational facilities.
With such a promising investment opportunity in a sought-after school zone, this property presents a perfect starter for those seeking an affordable entry into the Hillcrest market without compromising on quality or convenience.
Updated on October 21, 2024