3/108 Asquith Avenue, Mount Albert, Auckland

Nestled in a boutique block of just three units, this charming residence at 3/108 Asquith Avenue, Mount Albert, Auckland, offers a life of convenience and comfort. The 90sqm floor area is graced with 2 bedrooms, 1 bathroom, and an open-plan living space complemented by a modern kitchen and a separate laundry. The unit, built in 1960 with a fibrous cement exterior and tiled roof, both in average condition, is set on level contour. With a capital value of $1,020,000 as of June 2021, it has seen a 25.93% increase since July 2017. The property, with a HouGarden AVM of $980,000, has a history of two sales: $742,000 in 2015 and $440,000 in 2012. This unit title property provides a serene rear garden and a sunny terrace, ideal for following the sun's path in privacy.

As for the investment perspective, the property's CV growth and the latest sale history showcase a promising increase in capital value. This is further enhanced by its location within a high-demand school zone. Gladstone School, a contributing school with a decile rating of 9, and Mt Albert Grammar School, a secondary school with a decile 7 rating, are among the esteemed educational institutions in the area. Kowhai Intermediate School, also with a decile 7 rating, completes the picture of an ideal family location.

Enjoying a prime position at the Western Springs end of Mt Albert, this home benefits from easy motorway access, excellent transport links, and the nearby St Luke's shopping, not to mention Western Springs Park practically at your doorstep. It's a short drive to the vibrant communities of Ponsonby and Grey Lynn, making it a perfect blend of generous living space and a great location.

Updated on October 21, 2024