Nestled in the heart of Mount Albert at 12 Fifth Avenue, this residential dwelling is a charming blend of convenience and charisma. The 4-bedroom, 1-carpark home boasts a floor area of 131 square meters, sitting on a cross-lease title. Constructed in 1910 with iron roofing and wooden walls in good condition, it stands firm with an easy-to-moderate fall contour. The property has seen a significant Capital Value (CV) increase of 37.3% from $1,220,000 in 2017 to $1,675,000 as of June 2021. The HouGarden AVM estimates the property at $1,685,000, while the latest sale was recorded at $1,240,000 in April 2020.
With a CV history reflecting steady growth and a prime location, the property is further enhanced by its school zones. Gladstone School, a contributing school with a decile rating of 9, is within walking distance. Additionally, it falls within the zone of Mt Albert Grammar School (decile 7) and Kowhai Intermediate School (decile 7), making it an ideal choice for families with educational priorities.
Not only does this property offer a serene lifestyle in a quiet cul-de-sac, but it also provides easy access to the CBD, the vibrant cafe culture of Pt Chev and Grey Lynn, and the convenience of having amenities close by. Whether you're looking for a home to grow in or an investment with enduring value, this address is a treasure waiting to be discovered.
Updated on September 17, 2024