10/14 Seaview Terrace, Mount Albert, Auckland

Nestled in the desirable Mount Albert area of Auckland, this 2-bedroom, 1-bathroom unit with a lock-up garage presents an ideal opportunity for first home buyers, investors, young families, or those looking to downsize. Constructed in 1972 with brick walls and tiled roofing, this residential unit is located at 10/14 Seaview Terrace, a quiet cul-de-sac known for its convenience. The property sits on level contour with an average wall and roof condition, and boasts a floor area of 91 square meters. As a cross-lease property, it offers a unique ownership structure. The latest HouGarden AVM estimates the property's value at $640,000, aligning with the government's capital value assessment as of June 2021. Notably, the capital value has seen a 23.08% increase since July 2017. The property's recent sales history includes transactions in 2015 and 2012, with prices of $632,000 and $340,000 respectively.

For families with school-aged children, the property falls within the zones of highly-rated educational institutions. Gladstone School, a contributing school with a decile rating of 9, is within easy reach, as are Kowhai Intermediate School and Mt Albert Grammar School, both with decile ratings of 7. This unit not only offers convenient access to quality education but also enjoys a sunny open plan living area with views extending to the city and the iconic Sky Tower.

With such a promising property in a sought-after school zone, this is a great real estate opportunity that is sure to attract attention. Don't miss out on securing your property information pack today.

Updated on September 18, 2024