9/23 Fairview Road, Mount Eden, Auckland

Nestled in a serene cul-de-sac on Fairview Road, Mount Eden, this meticulously maintained and strategically located unit is perfect for first-time buyers and astute investors. This charming property, offered for the first time in over ten years, boasts an unbeatable proximity to Mt Eden's vibrant attractions. Despite its compact floor area, this cross-lease title unit, originally a 2-bedroom, has been thoughtfully converted to a spacious 1-bedroom, providing ample room to relax and enjoy the prestigious locale. Key features include an open-plan living and dining area, double Grammar School zoning (including MAGS), a versatile space currently used as an office, dedicated parking, additional storage, and laundry facilities – a significant advantage. With a strong rental return and a reliable tenant in place, this property presents an enticing opportunity. The cross-lease title comes with a centralised maintenance scheme. Ignore the CV and online estimates; this property is priced to sell. Conveniently located with parking on-site and a bus stop nearby, it offers a quick 12-minute commute to the city center and is a mere 5-minute walk to the University of Auckland's Epsom campus. Zoned for top-rated schools such as Maungawhau School and Auckland Normal Intermediate, this cozy retreat checks all the boxes for location and amenities.

Boasting a capital value increase of 24.59% from $610,000 in 2017 to $760,000 as of June 2021, and an AVM estimate of $730,000 from HouGarden, this property's value is on the rise. Its solid iron roof and fibrous cement walls, both in good condition, contribute to its long-term appeal. Do not miss this chance – the owner is serious about selling.

For families with school-aged children, the property falls within the highly sought-after school zones of Auckland Grammar, Auckland Normal Intermediate, Epsom Girls' Grammar School, and Mt Albert Grammar School, all boasting high decile ratings, ensuring access to the best education.

Updated on October 09, 2024