Nestled in the heart of Mount Eden, Auckland, this inviting family home at 18 Bank Street boasts a freehold title and a charming 1915 construction. The residence features 4 bedrooms, a generous floor area of 155m2, and a sprawling land area of 545m2. Adorned with wood exterior walls and an iron roof, this property offers a mix of original charm and modern potential. The home has been converted to flats, presenting an opportunity for added value through renovations. It's located in a quiet cul-de-sac, just a stroll away from the vibrant cafes and shops of Mt Eden Village, and a short drive to St Luke's Westfield and the CBD.
Since 2017, the capital value has seen a rapid increase of 45%, reaching $2,175,000 as of June 2021. The HouGarden AVM estimates the property's worth at $2,120,000, while the latest sale in 1999 was for $445,000. This indicates significant growth potential in a sought-after suburb.
Educationally, the property falls within the Maungawhau School zone, a decile 10 contributing school. It's also in close proximity to Auckland Normal Intermediate (decile 9), Mt Albert Grammar School (decile 7), and Auckland Girls' Grammar School (decile 3), offering a range of high-quality educational options.
Updated on August 12, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.29 km | 3 | 1 | -m2 | 2024 12 04 | $1,000,000 | Council approved | |
 | 0.34 km | 3 | 1 | -m2 | 2024 10 01 | - | Council approved | |
 | 0.40 km | 2 | 1 | -m2 | 2024 09 09 | - | Council approved | |
 | 0.28 km | 4 | 1 | 0m2 | 2024 07 01 | $2,755,000 | Council approved | |
 | 0.07 km | 3 | 1 | -m2 | 2024 06 19 | - | Council approved |