18 Waitomo Avenue, Mount Eden, Auckland

Nestled on the serene Waitomo Avenue, this charming 1920s weatherboard bungalow boasts a freehold title and a prime location. The 3-bedroom, 1-bathroom home with a single carpark is spread across a level 380 sqm section with a well-maintained wooden exterior and an iron roof in average condition. Inside, the thoughtfully renovated spaces feature beautiful native timber floors and original leadlight glazing, complemented by modern amenities like a heat pump.

Since 2017, the property's Capital Value (CV) has seen a significant increase of 22.98%, from $1,240,000 to the current $1,525,000. The HouGarden AVM estimates the property at $1,490,000, while the latest sale history includes a price of $1,227,000 in 2017 and $945,000 in 2014. This indicates a promising investment opportunity in a rapidly appreciating area.

For families with school-aged children, this property falls within the zones of highly regarded schools. Maungawhau School, rated 10 on the decile scale, Balmoral School with a rating of 9, and Mt Albert Grammar School, a secondary school with a decile rating of 7, are all within easy reach. Auckland Girls' Grammar School, a secondary school with a decile rating of 3, is also in the vicinity.

Updated on August 31, 2024