Nestled in the charming locale of Mount Albert, Auckland, 23 Stewart Road presents a delightful opportunity on a quiet cul-de-sac. This 1930s bungalow, with its iron roof and wooden exterior in good condition, boasts 3 bedrooms and 1 bathroom, and is set on a section with an easy/moderate fall contour. It is offered on a cross-lease title, covering a floor area of 120sqm. The property has seen a significant Capital Value increase of 50.5%, from $930,000 in 2017 to $1,400,000 as of June 2021. The latest sales were recorded at $1,131,000 in 2020 and $640,000 in 2013, while the HouGarden AVM estimates the property's worth at $1,204,500. Smartened up with fresh paint and landscaping, it's ready for new owners to add their personal touch.
With a CV growth that outpaces the market and a prime location, this property is not just an investment but a promising first-home option. It's centrally located, with easy access to parks, schools, and transport links. The local school network includes Avondale College (Decile 4), Owairaka District School (Decile 3), and Wesley Intermediate (Decile 1), ensuring quality education for the family. Don't miss the chance to secure this entry-level home with immense potential – the clock is ticking on this opportunity!
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Updated on July 23, 2024