40 Lambeth Road, Mount Eden, Auckland

Discover the charm of 40 Lambeth Road, Mount Eden, Auckland - City, a traditional 1920s bungalow that exudes street appeal with its white picket fence and clipped bay hedges. This residential dwelling boasts three bedrooms, one bathroom, and two car parks, spread over a 104sqm floor area on a level 528sqm freehold section. The property features timber floors, leadlight windows, beamed ceilings, and a blend of authentic and modern renovations. The kitchen is well-equipped, and the living room, with its timber-paneled features and north-facing window seat, offers a cozy space. The third bedroom opens to a private deck overlooking the manicured lawn, ideal for summer barbeques. The property is secured with off-street parking behind an automatic gate, perfect for families. It's zoned for Mt Albert Grammar School, making it an excellent choice for young families or those looking to downsize.

From a financial perspective, the property has seen significant growth, with the capital value increasing from $1,160,000 in July 2017 to $1,750,000 in June 2021, marking a 50.86% increase. The HouGarden AVM estimates its value at $1,720,000. Its sale history shows a steady climb, with transactions at $606,500 in November 2006 and $810,000 in September 2012. This property represents a solid investment with its rapid capital value growth.

Educationally, the property is zoned for Mt Albert Grammar School (Secondary, decile 7), Edendale School (Auckland) (Contributing, decile 6), and Balmoral School (Auckland) Zone B (yrs 7-8) (Full Primary, decile 9), offering excellent schooling options for families. The location and school zoning make it a highly desirable property for those prioritizing education.

Updated on March 26, 2024.