5/867 New North Road, Mount Albert, Auckland

Nestled in the heart of Mount Albert, this 3-bedroom, 1-bathroom residential unit boasts an ownership type of Cross-Lease. Constructed in 1977, the property features roughcast walls and tiled roofing, both in average condition. With a floor area of 99 square meters and situated on a property with an easy/moderate fall contour, it offers an open plan living/dining area with excellent indoor-outdoor flow. Notably, the roof was replaced in September 2022, and the home includes a renovated kitchen, freshly painted interiors, a fully fenced backyard with fruit trees, and a garden shed. In terms of valuation, the capital value has seen a growth of 21.67% from $600,000 in 2017 to $730,000 as of June 2021. The HouGarden AVM estimates the property at $710,000, while the latest sale was recorded in 2015 for $625,000.

For families with school-aged children, the property is in-zone for the highly sought after Gladstone School (decile 9) and Mt Albert Grammar School (decile 7). It's a mere 10-minute walk to Gladstone School and 15 minutes to Mt Albert Grammar School, making it an ideal location for education-conscious buyers. Additionally, the property is in close proximity to public transportation, local shops, and amenities, with easy access to motorways, supermarkets, Unitec campus, and St Lukes Shopping Centre.

With such a central and convenient location, this property presents a golden opportunity to secure a slice of the beautiful, leafy suburb of Mount Albert.

Updated on July 26, 2024