27 Seaview Terrace, Mount Albert, Auckland

Nestled at 27 Seaview Terrace, Mount Albert, Auckland, this charming dwelling boasts 2 bedrooms, a single carpark, and a spacious floor area of 142 square meters on a generous 751 square meter freehold land. Constructed in 1925 with wood walls and an iron roof, both in good condition, this property enjoys an easy/moderate fall contour. The capital value has seen a rapid increase of 34.33%, from $1,675,000 in 2017 to $2,250,000 as of June 2021. The HouGarden AVM estimates it at $2,092,500, while the latest sales were in 2004 for $570,000 and in 1990 for $185,000.

With a Mixed Housing Urban Zone and 16 meters of road frontage, this property offers a perfect development opportunity, complemented by the convenience of nearby amenities such as Mount Albert shops, Westfield St Lukes, and the highly regarded Mount Albert Grammar School. It's located close to SH 16, within walking distance to the train station, and just a 10-minute drive to the CBD. Notably, it includes a wastewater connection and upcoming stormwater services at no extra cost to the new owner.

Educationally, the property falls within the zones of Gladstone School (Decile 9), Mt Albert Grammar School (Decile 7), and Kowhai Intermediate School (Decile 7), ensuring top-notch education for the family. This is a rare opportunity as it's the first time in 34 years that 27 Seaview Terrace is on the market.

Updated on May 15, 2024