3/16 Knight Avenue, Mount Albert, Auckland

Nestled in a prime location of Mount Albert, Auckland, this 2-bedroom, 1-bathroom unit at 3/16 Knight Avenue is a charming residential property with a rich history, built in 1915. The home features concrete walls, tiled roofing, and an average condition throughout. It sits on a level contour with a floor area of 60 square meters and is complemented by a carport and additional storage. The unit title ownership provides a fantastic starting point for first-time buyers or a promising investment opportunity. Notably, the capital value has seen a substantial increase of 25.45% from $550,000 in 2017 to $690,000 as of 2021, with the HouGarden AVM estimating it at $660,000. The latest sale was recorded at $440,000 in 2024, indicating potential growth. Educationally, the property falls within the zones of Gladstone School (Decile 9), Mt Albert Grammar School (Decile 7), and Kowhai Intermediate School (Decile 7), ensuring top-notch schooling options. This unit is ready for a revamp and is conveniently located near Westfield St Lukes Shopping Mall and the Mt Albert shopping strip, with easy access to public transport.

Updated on October 09, 2024