Located at 49 Milton Road, Mount Eden, Auckland - City, this charming turn of the century villa boasts 4 bedrooms, a spacious floor area of 186m², and sits on a generous land area of 779m². The property is characterized by its wood wall construction and iron roof, both in good condition, reflecting the home's meticulous maintenance. With a freehold ownership type, this residence offers two separate living spaces, double garaging for convenience and ample storage, and a beautiful back garden that enjoys the western sun, complete with a pergola and covered patio. The property's contour is described as easy/moderate rise, making it an appealing choice for families.
Since its last sale in 2010 for $1,450,000, the property has seen a significant increase in its capital value, reaching $3,700,000 by June 2021 from $2,250,000 in July 2017, marking a 64.44% growth. The HouGarden AVM estimates its value at $3,640,000, indicating a strong market appreciation. This villa not only offers a glimpse into the past with its early 1900s construction but also promises a future of potential with its substantial capital value increase.
This property is ideally located for families, being in the zone for several highly regarded schools. It falls within the zones for Mt Eden Normal School (decile 10), Epsom Girls' Grammar School (decile 9), Mt Albert Grammar School (decile 7), Balmoral School (Auckland) Zone B (yrs 7-8) (decile 9), and Auckland Girls' Grammar School (decile 3). These educational institutions offer quality education options for children of all ages, making it a highly desirable location for families prioritizing schooling.