1/521 Mount Albert Road, Three Kings, Auckland

Nestled in the coveted Three Kings locale, at 1/521 Mount Albert Road, this sunny and elevated residential unit boasts 3 bedrooms and is enveloped by solid brick walls and topped with an iron roof, constructed in 1975. The home units fall under a Cross-Lease ownership, providing a balance of privacy and community. With an average condition wall and roof, the 180 square meter floor area is complemented by a layout that includes spacious open plan living areas and a separate laundry, with a "super sized" bedroom downstairs featuring an ensuite, ideal for a lounge or retreat.

As per the latest records, the property's Capital Value (CV) has seen a significant increase from $870,000 in 2017 to $1,075,000 as of June 2021, indicating a growth rate of 23.56%. The HouGarden AVM estimates the property's value at $1,047,500, while the last sale was recorded in 1994 for $150,000. These figures reflect a promising investment opportunity in a rapidly appreciating market.

For families with school-aged children, the property is zoned for the highly regarded Three Kings School with a decile rating of 7, as well as Mt Roskill Grammar and Mt Roskill Intermediate, both with a decile rating of 4. This combination of quality education and a serene, centrally located property makes it an attractive package for those seeking accessibility and tranquility.

Updated on August 21, 2024