Introducing a unique residential opportunity at 161b Carrington Road, Mount Albert, Auckland - City, this property is a blend of style, functionality, and location. Boasting 3 bedrooms and a floor area of 120m², this home is constructed with fibrous cement walls and an iron roof, reflecting an era of build around 1980. The condition of both the walls and roof are average, and the property contour presents a steep fall, making it a distinctive choice for those looking for character. Ownership falls under a Cross-Lease title, emphasizing a shared interest in the land's future. The property is categorized as Residential - Home & income, offering versatility for a range of living arrangements.
The financial journey of this property reveals a significant capital value increase from $920,000 on July 1, 2017, to $1,200,000 on June 1, 2021, marking a growth of approximately 30.43%. The latest sale records show a transaction at $960,000 on September 5, 2018, following a previous sale at $357,500 on March 9, 2007. The HouGarden AVM estimates the property's value at $1,108,500, indicating a stable investment trajectory.
Education is a cornerstone of this property's appeal, situated within the zones of several reputable schools. Avondale College and Mt Albert Grammar School, both secondary institutions, offer diverse educational experiences with decile ratings of 4 and 7, respectively. For younger students, Gladstone School (Auckland) provides a contributing level education with a high decile of 9, and Kowhai Intermediate School caters to intermediate students with a decile of 7. This property is an excellent choice for families prioritizing educational opportunities.
Updated on March 21, 2024.