23 Prospect Terrace, Mount Eden, Auckland

This superb Mt Eden property, located at 23 Prospect Terrace, Mount Eden, Auckland - City, offers an elevated and spacious living experience on a 764m2 plot. The freehold property features a 155m2 floor area with 4 bedrooms, a modern kitchen, dining space, and lounge that opens up to a level patio and pool with a north-west aspect. The residence boasts wood wall construction and an iron roof, both in good condition, dating back to 1900. The property's contour is described as easy/moderate rise, ensuring a comfortable and appealing living environment.

From its last sale in 2005 for $731,000, the property has seen a significant increase in capital value, reaching $3,400,000 by June 2021 from $2,050,000 in July 2017, marking a 65.85% increase. The HouGarden AVM estimates its value at $3,342,500, highlighting its attractive investment potential. This property not only offers a luxurious lifestyle but also represents a solid asset with its rapid capital value growth.

Education is a priority, with the property zoned for top-tier schools including Auckland Grammar, Epsom Girls' Grammar School, Mt Eden Normal School, Mt Albert Grammar School, Kowhai Intermediate School, and Auckland Girls' Grammar School, covering a wide range of educational needs from intermediate to secondary levels. These schools boast high decile ratings, ensuring quality education for residents.

Updated on March 22, 2024.