25 Preston Avenue, Mount Albert, Auckland

This unique home located at 25 Preston Avenue, Mount Albert, Auckland - City, offers a blend of character and potential. Built in 1920, the property features 3 double bedrooms, 2 bathrooms, and a spacious lounge that leads to a deck and garden area. The upstairs area includes a large rumpus room, which could serve as a fourth bedroom. The property boasts a stand-alone double garage and additional parking space, all situated on a level, fully-fenced half share of 1,017m2 land. The exterior is constructed of wood with an iron roof, both in average condition. Ownership is via a Cross-Lease title.

Over the years, the capital value of this property has seen significant growth, from $1,150,000 in July 2017 to $1,400,000 in June 2021, marking a 21.74% increase. The latest HouGarden AVM estimates the property's value at $1,209,500. Historical sales data reveals transactions at $520,000 in July 2008 and $595,000 in April 2007. This home's asking price is $1,180,000, reflecting its potential and the growth in the area.

The property is ideally located for families, being in the school zones of Avondale College (Secondary, decile 4), Owairaka District School (Contributing, decile 3), and Wesley Intermediate (Intermediate, decile 1). Its proximity to Anderson Park, Unitec, Mt Albert Train Station, and various shopping amenities, along with easy access to SH16 and the CBD, makes it a convenient and desirable location.

Updated on March 22, 2024.