Nestled in the esteemed suburb of Mount Albert, Auckland, this 3-bedroom, 2-bathroom residence on a cross-lease title presents a lucrative opportunity. Constructed in 1999 with roughcast walls and an iron roof, the property boasts an average condition and an easy/moderate contour. It has a floor area of 123 square meters and is situated at 2/34 Owairaka Avenue, close to St Lukes mall, parks, and public transport. The property has seen a significant Capital Value increase of 30.14% from $730,000 in July 2017 to $950,000 as of June 2021. HouGarden AVM estimates the property's value at $955,000, while the latest sales were recorded at $476,000 in 2007 and $283,000 in 1999.
For families with school-aged children, the property falls within the zones of highly regarded institutions such as Mt Albert Grammar School (decile 7), Kowhai Intermediate School (decile 7), and Owairaka District School (decile 3). This is not just a home; it's an investment in a promising future.
With a generous outdoor space, double garage, and a well-designed layout that includes open living and kitchen areas, this property is ideal for first-home buyers, renovators, investors, or anyone seeking a rewarding project. Act now, as this mortgagee sale could be the chance of a lifetime in one of Auckland's most desirable locales!
Updated on September 18, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.09 km | 3 | 2 | 163m2 | 2024 12 10 | - | Council approved | |
 | 0.16 km | 3 | 2 | 172m2 | 2024 09 11 | - | Council approved | |
 | 0.16 km | 3 | 1 | 121m2 | 2024 08 28 | - | Council approved | |
 | 0.11 km | 3 | 1 | 85m2 | 2024 08 22 | $1,150,000 | Council approved |