1/111 Balmoral Road, Mount Eden, Auckland

Nestled in the serene cul-de-sac of Balmoral Road, this 1974-built residential unit boasts 2 bedrooms, 1.5 bathrooms, and a carport. With a floor area of 79 square meters and a cross-lease title, it features a roof made of tiles and walls constructed with mixed materials. The property, in need of some tender love and care, presents a promising transformation opportunity. The capital value has seen a significant increase of 25.3% from $830,000 in 2017 to $1,040,000 as of June 2021. Ignore the CV and online estimates, as the owners are determined to sell, offering a chance to own a piece of real estate in a prime grammar zoning area.

With a HouGarden AVM of $970,000, this property has a history of solid sales and a bright future in the real estate market. The location provides easy access to the city and is zoned for top-rated schools such as Auckland Grammar, Auckland Normal Intermediate, Epsom Girls' Grammar School, and more. This is an opportunity not to be missed, especially for those with serious intentions in a triple grammar zone.

Education-wise, the property falls within the zones of highly esteemed schools. Auckland Grammar offers secondary education with a decile rating of 9. Auckland Normal Intermediate and Epsom Girls' Grammar School share the same rating, while Mt Albert Grammar School is rated at 7. Balmoral School is a full primary with a decile rating of 9, and Maungawhau School, a contributing school, is rated at the highest decile of 10. This address is a goldmine for families seeking the best education for their children.

Updated on May 17, 2024