4/1148b New North Road, Mount Albert, Auckland

Nestled in the coveted suburb of Mount Albert, Auckland, this 1960-built, 2-bedroom, 1-bathroom unit with an iron roof and fibrous cement walls presents a charming opportunity. It boasts an open-plan living and dining area, complemented by a seamless indoor-outdoor flow to a private garden. The property, with a floor area of 89 square meters, is under Unit Title ownership. Notably, it has seen a significant Capital Value increase of 17.33% from $750,000 in 2017 to $880,000 as of June 2021. The latest sale was recorded in 1996 at $163,000, while the current HouGarden AVM estimates it at $857,500.

For families, the property falls within the zones of Avondale Intermediate (Decile 2), Avondale College (Decile 4), and Owairaka District School (Decile 3), ensuring quality education options. This property is not just a home but also a wise investment, ready to yield returns for the astute buyer.

With its convenient location, close to amenities and public transport, this unit is an affordable beauty, perfect for first-home buyers, downsizers, or investors looking to secure a lucrative opportunity in the thriving Mt Albert real estate market.

Updated on August 15, 2024