Nestled in the esteemed Mount Albert, this 1920s character bungalow at 4 Grant Street boasts a freehold title on an expansive 814m2 lot. The property, with its iron roof and wooden exterior, offers 4 bedrooms, 2 bathrooms, and a single car park, spread across a comfortable floor area of 216m2. The site, in a level contour, is complemented by an average-condition roof and walls, exuding a charm that's perfect for a family or an investor. The capital value has seen a rapid increase of 31.5% from $2,030,000 in 2017 to $2,670,000 as of June 2021, with the HouGarden AVM estimating a value of $2,440,000. Notably, the property's latest sales were in 2003 for $560,000 and in 2002 for $475,000.
For families with school-aged children, the property is zoned for top-performing schools, including the Gladstone School (Decile 9), Mt Albert Grammar School (Decile 7), and Kowhai Intermediate School (Decile 7). This quiet cul-de-sac is not only a serene place to call home but also an intelligent investment in a sought-after school zone.
With its potential for development, this property presents a golden opportunity. Whether you seek a family home with ample garden space for children and pets to play, or a sound investment with the possibility of creating two rental incomes, this is a must-consider. Its location, with easy access to local amenities, public transport, and motorway links, further enhances its appeal. Don't miss the chance to transform this solid foundation into your dream home.
Updated on December 05, 2024