Nestled in a peaceful cul-de-sac on 1/12 Rautangi Road, Mount Eden, this attractively renovated 2-bedroom, 1-bathroom unit with a brick exterior and tiled roof is a gem in the Auckland real estate market. Built in 1960, the property boasts an easy/moderate rise contour and is under a Cross-Lease ownership. The 49 square meter floor area is complemented by a well-maintained wall condition and an average roof condition, making it an ideal blend of modern comfort and classic charm. Notably, the property has seen a 22.86% increase in Capital Value from $700,000 in 2017 to $860,000 as of June 2021, with a HouGarden AVM of $825,000. The latest sale history includes transactions at $582,000 in 2019 and $345,000 in 2011, indicating a steady growth trend.
For families with school-aged children, this property is within the highly sought-after Double Grammar Zone (DGZ), serving top-rated schools such as Auckland Grammar, Epsom Girls' Grammar, Mt Eden Normal School, Auckland Normal Intermediate, and Mt Albert Grammar School, with deciles ranging from 7 to 10. The prime location offers quick access to the CBD and the vibrant Mt Eden Village, providing an unparalleled blend of convenience and lifestyle.
With no body corporate fees, this unit is perfect for investors, families, and professionals looking for a comfortable and well-connected home in a prestigious school zone. The motivated vendor is ready to sell, making this an exceptional opportunity for those seeking a first home or a sound investment. Don't miss out on this entry-level opportunity in the DGZ!
Updated on October 21, 2024