1a Fontenoy Street, Mount Albert, Auckland

Nestled at 1a Fontenoy Street, Mount Albert, Auckland, this residential dwelling on a freehold site boasts 4 bedrooms, 1 bathroom, and 2 car parks. Constructed in 1950 with wood exterior walls and a mixed-material roof, it spans a floor area of 98sqm and sits on a levelled 579sqm land. The property has an average wall and roof condition, and recent enhancements include a new roof in 2023. The capital value has seen a substantial increase from $1,180,000 in 2017 to $1,850,000 as of 2021, reflecting a growth rate of 56.78%. The HouGarden AVM estimates the property at $1,720,000, while the latest sales were recorded at $475,000 in 2009 and $535,000 in 2006.

With a declared reserve of $1,400,000, this property offers a golden opportunity in a sought-after location. It's zoned for top-rated schools such as Gladstone School (Decile 9), Mt Albert Grammar School (Decile 7), and Kowhai Intermediate School (Decile 7), making it an ideal choice for families. The open-plan layout with character features, native timber floors, and ample sunlight creates a warm and inviting space. Whether you're looking to start a family, accommodate a work-from-home setup, or invest in a property with significant growth potential, this home is a prize worth capturing.

Conveniently located, it's a short walk to Gladstone School, the train station, parks, and shops, with easy access to the city via the motorway. In a Mixed Housing Urban Zone, this property is not just a place to love but also an investment to OWN, promising growth rewards in a stable area.

Updated on June 21, 2024