31 Scout Avenue, Mount Roskill, Auckland

Nestled on a prime freehold site at 31 Scout Avenue, Mount Roskill, Auckland, this charming 1940s ex-state style bungalow boasts 2 bedrooms, 1 bathroom, and a modest floor area of 69 square meters on a generous land plot of 440 square meters. The residence features wood exterior walls and a tiled roof, both in average condition, and is set on a contour with an easy/moderate rise, ensuring a sun-drenched and scenic outlook. This property is not just a home; it's an investment with a promising future, having experienced a significant Capital Value increase of 19.57% from $920,000 in 2017 to $1,100,000 as of June 2021. The latest sale was recorded in 2006 at $260,000, while the current HouGarden AVM estimates it at $1,052,500.

For families, the property falls within the catchment area of Dominion Road School (Decile 3), Mt Roskill Grammar (Decile 4) for secondary education, and Mt Roskill Intermediate (Decile 4), ensuring access to quality education. This home presents an opportunity to enter the property market with potential for value addition, whether you're a first-time buyer or an investor seeking long-term tenants. The classic appeal, combined with the incoming tax rules favoring investors, makes it a compelling option with a forecasted healthy return.

With character features like native timber floors and panelled doors, the cozy atmosphere is enhanced by the sun-soaked deck at the front. The ample freehold site is perfect for gardening enthusiasts, gifted with the fertile volcanic soil of the area. There's even a bonus free-standing sleepout, ideal for a home office or creative retreat. Located close to parks, shops, and with swift access to the city, this property offers the best of urban living. Motivated sellers are inviting early offers, making it a sound start for a stunning investment.

Updated on April 24, 2024