Nestled on an expansive 809m2 of freehold land at 849 Mount Eden Road, this residential property is a gem in the heart of Mount Eden, Auckland. It boasts 6 bedrooms, 2 carparks, and a floor area of 220sqm. The exterior walls, crafted from glass, are in good condition, complemented by an average roof with tile construction from the 1940s. This property is perfect for those seeking a combination of comfort and investment, with a 36.76% increase in Capital Value from $1,700,000 in 2017 to $2,325,000 as of June 2021. The HouGarden AVM estimates it at $2,270,000, making it an attractive opportunity with significant growth potential.
History shows that the property last sold for $456,000 in 2002 and $350,000 in 1999, indicating a consistent upward trend in value. The location is further enhanced by its placement in the Maungawhau School (decile 10), Auckland Normal Intermediate (decile 9), Epsom Girls' Grammar School (decile 9), Mt Albert Grammar School (decile 7), and Auckland Girls' Grammar School (decile 3) zones, ensuring top-notch education options for families.
With its excellent school zones and potential for further development, this property in a quiet cul-de-sac is not to be missed. Whether you seek a nesting place, investment, or a development site, this is an absolute essential viewing. Don't miss out on this fantastic opportunity!
Updated on August 02, 2024