4b Macaulay Street, Eden Terrace, Auckland

Nestled in the serene Macaulay Street of Eden Terrace, Auckland, this 2-bedroom unit with a unit title is a perfect blend of urban convenience and tranquility. Constructed in 2000, the property features roughcast walls in good condition, an iron roof, and a floor area of 106 square meters. It includes a double tandem garage, off-street parking for 2 cars, and a heat-pump for comfort. The capital value has seen a rapid increase of 30%, from $670,000 in 2017 to $870,000 as of June 2021. The HouGarden AVM estimates the property at $835,000, while the latest sales were recorded at $399,000 in 2011 and $235,000 in 1999.

With a CV growth rate that outpaces the market average, this property is not just an investment but a smart one. It's located in a prime school zone, with Western Springs College and Mt Albert Grammar School, both decile 8, and Auckland Girls' Grammar School, decile 3, within easy reach. The property has undergone a recent makeover, complete with fresh paint, new carpets, LED lighting, and modern fixtures, making it a turnkey urban sanctuary.

Enjoying a quiet cul-de-sac position, the residence boasts a nice outlook over Basque Park and a glimpse of the iconic SkyTower. It's an ideal lock-up and leave option, centrally positioned within walking distance to the city, K'Rd and Ponsonby eateries, Newmarket, and public transport, with seamless motorway connectivity. This is not just a home; it's an opportunity to secure a slice of prime real estate in a highly sought-after complex.

Updated on April 18, 2024