2/95 Balmoral Road, Mount Eden, Auckland

Nestled in the serene cul-de-sac of Balmoral Road, Mount Eden, this 1974-built, 3-bedroom, 1-bathroom residential unit with a single carpark offers a comfortable 80 square meters of floor area. The property, with a cross-lease ownership, features mixed-material walls and tiled roofing, both in average condition, and is set on a level contour. The capital value has seen a growth of 23.46% from $810,000 in 2017 to $1,000,000 as of June 2021. The property is estimated at $917,500 by HouGarden AVM and presents a potential sale history.

With a CV increase that outpaces the market average, this property has a valuable history. The recent transformation has introduced new double glazing and warm, wooden ceilings, creating a modern ambiance within its classic shell. It's one of three units without body corporate fees, offering additional privacy and economic benefits. The location provides easy access to transportation, shopping, and dining, complemented by the highly sought-after school zones of Auckland Grammar, Epsom Girls' Grammar, and Mt Albert Grammar, among others, all rating a decile of 9 or 10.

Educationally-endowed, this property falls within the zones of Auckland's top schools. Auckland Grammar offers secondary education with a decile rating of 9, while Auckland Normal Intermediate and Epsom Girls' Grammar School also rank at the same decile. Maungawhau School and Balmoral School provide primary education with deciles of 10 and 9 respectively, making this property an ideal investment for families with academic aspirations.

Updated on December 06, 2024