794a Dominion Road, Mount Eden, Auckland

Nestled in the heart of Mount Eden, this residential property at 794a Dominion Road is a gem, featuring 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1950 with concrete walls in good condition and tiled roofing in average condition, it sits on a level contour. The property is under a Cross-Lease ownership and offers a floor area of 75 square meters. The capital value has seen a growth of 35.06%, from $770,000 in 2017 to $1,040,000 as of June 2021. The HouGarden AVM estimates the property at $1,042,500, while the latest sales were recorded at $785,000 in 2024 and $480,000 in 2011.

With a CV increase that outpaces the market, this property is not just a home but a sound investment. It's zoned for Terrace-Housing & Apartment Building, providing potential for further development. The location is prime, with public transport at the doorstep, Potters Park and Dominion Road's culinary delights nearby, and easy access to Saint Luke's mall and motorways.

For families, the school network is a significant plus. Maungawhau School boasts a decile rating of 10, Balmoral School is a decile 9 institution, and Mt Albert Grammar School is a well-regarded secondary school with a decile rating of 7. Auckland Girls' Grammar School is also in the zone, offering diverse educational opportunities for children of all ages.

Updated on September 04, 2024