6/189 Hendon Avenue, Mount Albert, Auckland

Nestled in the serene cul-de-sac of Hendon Avenue, this 1970-built residential unit boasts 2 bedrooms, 1 bathroom, and a practical floor area of 86 square meters. The property, with an Iron roof and Brick exterior walls, is maintained in average condition and is set on a level contour. It carries a Cross-Lease title, ensuring a unique ownership experience. The latest valuation reflects a significant Capital Value (CV) increase, rising from $640,000 in 2017 to the current $780,000, marking a growth of 21.875%. This unit presents a golden opportunity for first-time homeowners or shrewd investors, with the added advantage of being in the zone for the highly esteemed Mt Albert Grammar School, a secondary school with a decile rating of 7.

Financial highlights include a HouGarden AVM of $750,000 and a sales history that saw the property sold for $601,000 in 2016 and $270,000 in 2009, indicating a promising investment track record. This unit is not just about numbers; it's about the convenience of having Underwood Park right at your doorstep, the ease of access to motorways, cycleways, and public transport, and the promise of a thriving community with schools like Owairaka District School and Wesley Intermediate in the vicinity.

For those seeking an education-focused property, this unit is zoned for some of the best schools in the area. Mt Albert Grammar School offers a top-notch secondary education, while Owairaka District School and Wesley Intermediate provide quality primary and intermediate schooling respectively, with decile ratings of 3 and 1. This combination of location, value, and educational opportunity makes this property an attractive package for any buyer.

Updated on October 07, 2024