131 Mount Albert Road, Mount Albert, Auckland

Nestled on an elevated position on 131 Mount Albert Road, this 1920s two-storey bungalow on a freehold title boasts 4 bedrooms, 207m² of floor area, and a spacious 809m² section. The character home, with wood exterior walls and tiled roofing, has been cherished for over 30 years, offering a unique blend of classic charm and modern potential. The capital value has seen a rapid increase of 29.53% from $1,930,000 in 2017 to $2,500,000 as of June 2021, echoing the property's growth and investment potential. The latest HouGarden AVM estimates the property at $2,512,500, making it an attractive opportunity for buyers.

With a history of a sale in 1992 at $250,000, this property has come a long way. It's situated in a sought-after school zone, with Mt Albert Grammar School (Decile 7) and Owairaka District School (Decile 3) within reach, ensuring quality education for the family. Kowhai Intermediate School (Decile 7) is also in the vicinity, adding to the list of educational options.

Set on a section with an easy/moderate rise contour, the home is bathed in sunlight and offers views of Mt Eden. The large living area and well-appointed kitchen make it perfect for family living and entertainment. Given the property's potential and the owner's circumstances, auction day promises to be eventful. This is a chance not to be missed, to unlock the endless possibilities this home has to offer.

Updated on September 20, 2024