3/1 Mulberry Place, Glenfield, North Shore City

Nestled in the serene Mulberry Place of Glenfield, Auckland, this delightful 2-bedroom, 1-bathroom property exudes a sense of warmth and charm. Built in 1976 with a solid fibrous cement exterior and an iron roof in good condition, it sits on an easy-to-moderate fall contour. The unit title property, with a floor area of 141 square meters and 2 carparks, is perfect for a family looking to enter the North Shore property market at an attractive price point. The layout, officially listed as a 2-bedroom but currently utilized as a 3-bedroom, offers versatile living spaces, with the main living area leading to a deck that frames serene bush views and a sunny garden seating area.

As for investment potential, the property's capital value has seen a 27.78% increase from $720,000 in July 2017 to $920,000 as of June 2021. The HouGarden AVM estimates the property's value at $842,500, while the latest sales history shows a significant jump from $417,000 in July 2014 to $585,000 in December 2014. This indicates a promising growth trajectory for potential investors.

Education is a key highlight, with the property being in the zones for both Marlborough School, a contributing primary with a decile rating of 7, and Glenfield Intermediate School, rated at a decile 6. This makes it an ideal choice for families with school-going children. Embrace the tranquility of a quiet cul-de-sac while enjoying the convenience of being minutes away from Glenfield Mall and easy access to motorway on-ramps.

Updated on December 05, 2024