Nestled in the heart of Mount Albert, this charming freehold property at 5 Linwood Avenue boasts 4 bedrooms, a spacious living area, and is set on a level 604sqm block. Constructed in 1925 with wood walls in good condition and an iron roof that's seen average wear, this home offers a versatile layout perfect for family living or entertaining. The property has seen a significant Capital Value increase of 42.86% from $1,400,000 in July 2017 to $2,000,000 as of June 2021. The latest sale history includes transactions in 2007 and 2005, with the HouGarden AVM currently valuing the property at $1,985,000.
For investors and families alike, the property's location within the decile 9 Gladstone School zone and proximity to Mt Albert Grammar School (decile 7) and Kowhai Intermediate School (decile 7) are major draws. The full-sized site with completed landscaping is ideal for children and pets to play, while the traditional features like native timber floors and leadlighting add a touch of charm. The potential for value addition in the bathrooms and kitchen, along with possible extensions, makes this home a promising investment for the future.
Conveniently located, this property is a short walk from amenities, transport, and local shops. With quick access to motorways in all directions, it's easy to see why this is a prized, central location. Whether you're looking for a home to grow into or an investment with excellent school zones, this property is a smart choice that should not be overlooked.
Updated on November 29, 2024