618 Mount Albert Road, Royal Oak, Auckland

Located at 618 Mount Albert Road, Royal Oak, Auckland - City, this prime corner development site offers a unique opportunity for investors and developers alike. The property features a charming 1920s character home with three bedrooms, set on a spacious 979m2 (approx) freehold corner site. The house, ripe for renovation, boasts a stunning facade with classic features such as wood panelling and flooring, bay windows, built-in cabinets, and ribbed ceilings. The level property contour and good condition of both the wood walls and iron roof make it an attractive proposition. Additionally, the site benefits from ample off-street parking and a freestanding single garage with workshop space, all within a fenced ground that ensures privacy.

Over the years, the property has seen significant capital value growth, from $1,450,000 on July 1, 2017, to $2,250,000 on June 1, 2021, marking a 55.17% increase. The HouGarden AVM estimates its value at $2,215,000. This property, zoned Mixed Housing Urban, is flat and presents endless possibilities for development, land banking, or remodeling.

Education is well catered for, with the property being in the zone for several highly regarded schools, including Baradene College (Secondary, decile 9), Mt Roskill Intermediate (Intermediate, decile 4), Royal Oak School (Contributing, decile 8), Royal Oak Intermediate School (Intermediate, decile 2), and Onehunga High School (Secondary, decile 3). This makes it an ideal location for families looking for quality education options.

Updated on March 21, 2024.