Nestled at 11 Leamington Road, Mount Eden, this charming bungalow on a freehold land of 465 square meters boasts 4 bedrooms and a spacious floor area of 117 square meters. Constructed in 1909 with wood walls and an iron roof, this property is a perfect blend of classic character and potential for modern transformation. The CV has seen a significant increase from $1,500,000 in 2017 to $2,100,000 as of June 2021, reflecting a growth rate of 40%. The property is complemented by a north-facing backyard, multiple off-street carparks, and is situated in a quiet cul-de-sac, enhancing its appeal. The capital value is further supported by the HouGarden AVM of $2,012,500, indicating a sound investment opportunity.
History shows that the property has been a beloved family home for over 55 years, and now it seeks a visionary to breathe new life into it. The location is strategically zoned for some of Auckland's finest schools, including Auckland Grammar (Decile 9), Mt Eden Normal School (Decile 10), and others, making it an ideal choice for families. The property's proximity to the village and easy commute to the CBD adds to its already impressive list of attributes.
With a solid foundation and features typical of its era, this property invites an owner who can appreciate its potential. The opportunity to refurbish and enhance the home is clear, and with a CV growth rate that speaks volumes about the area's desirability, this is a chance not to be missed. Embrace the opportunity to be part of this property's next chapter.
Updated on April 10, 2024