42 Eban Avenue, Hillcrest, Auckland - North Shore

Nestled on a level plot at 42 Eban Avenue, Hillcrest, Auckland, this Freehold property is a Residential - Vacant land multiple housing opportunity. Constructed in 1960 with mixed materials for the walls and iron for the roof, the property has an average condition for both. It boasts 6 bedrooms, 2 carparks, and a substantial floor area of 310sqm on a land area of 969sqm. The capital value has seen a 50.68% increase from $1,460,000 in 2017 to $2,200,000 as of June 2021. The HouGarden AVM estimates the property at $2,105,000, while the latest sale was recorded at $2,042,000 in December 2020. The property is in the zone for top-rated schools: Willow Park School (Decile 9), Northcote Intermediate School (Decile 6), and Northcote College (Decile 7). It presents a versatile investment with options to live in, rent out, or develop into multi-unit dwellings. The main cedar house is a private sanctuary with 4 bedrooms, 2 bathrooms, and stunning views. The separate income is a cozy 2-bedroom home, and the luxurious pool with a pool-house completes this ideal summer retreat.

With a prime north-facing aspect, the property is centrally located, close to public transport, shopping centers, and amenities. It's a chance to secure a special property with clear seller instructions and the potential to add value to your investment while enjoying the benefits of a family home with income potential.

Don't miss the opportunity to view this property with a pool house, set in a sought-after school zone, making it an attractive proposition for families and investors alike.

Updated on October 22, 2024