8/53 The Avenue, Albany, Auckland - North Shore

Nestled in the serene cul-de-sac of 8/53 The Avenue, Albany, Auckland, this charming residence boasts a cross-lease title on a site with an easy/moderate fall. Constructed in 1997 with robust fibrous cement walls and an iron roof in good condition, the property offers 2 bedrooms, 1 bathroom, and a carport, accommodating a floor area of 53 square meters. The freehold status, combined with a recent renovation, enhances the appeal of this cozy home, perfect for first-time buyers or those seeking to downsize, without compromising on comfort and convenience.

Since 2017, the capital value has seen a significant increase of 34%, jumping from $440,000 to the current $590,000. The HouGarden AVM estimates the property's worth at $572,500, while the latest sales records from 2024 and 2012 reflect a sale price of $620,000 and $262,500 respectively, indicating a consistent growth trend. This home presents a smart investment opportunity with its promising CV trajectory and a desirable location.

Educationally, the property falls within the zones of Albany Senior High School (decile 10), Albany School (decile 9), and Albany Junior High School (decile 10), ensuring access to high-quality education. The combination of a prime location, well-maintained property, and an excellent school network makes this property an attractive prospect for families.

Updated on August 01, 2024