Nestled in the tranquil Taylors Road of Mount Albert, Auckland, this charming 4-bedroom bungalow, built in 1920, stands on a level contour with wooden walls and an iron roof. It holds a Cross-Lease title and offers a floor area of 127 square meters. The property has seen a significant Capital Value increase of 29.63% from $1,080,000 in 2017 to $1,400,000 as of June 2021. The latest sale was recorded at $1,025,000 in 2017, while HouGarden AVM estimates the property's current value at $1,305,000. Despite its average wall and roof conditions, this home exudes warmth with its oak kitchen, gas cooking, and polished wooden flooring.
With a CV growth that outpaces the market and a history of solid sale prices, this property presents a compelling investment. The recent urgency from the overseas vendor makes it an even more attractive opportunity for the discerning buyer.
For families with school-aged children, the property falls within the zones of highly regarded schools. Mt Albert School boasts a decile rating of 6, while Mt Albert Grammar School, Kowhai Intermediate School, and Auckland Girls' Grammar School are all rated 7 and 3 respectively, ensuring access to quality education.
Updated on May 03, 2024