3 Lambeth Road, Mount Eden, Auckland

Nestled in the heart of Mount Eden, at 3 Lambeth Road, lies a charming residential dwelling from the 1940s, exuding classic Kiwi charm. This cross-lease property boasts 2 bedrooms, 1 bathroom, and a single carpark, set upon a level contour with a floor area of 81 square meters. The exterior is clad in weatherboard, with a roof beautifully crafted from tiles. Not only is the property a testament to timeless design, but it also features a capital value that has seen a rapid increase of 39.13% from $920,000 in 2017 to $1,280,000 as of June 2021. The HouGarden AVM estimates the property at $1,190,000, while the latest sale history dates back to 1997 at $243,000 and 1993 at $121,500.

With a CV increase that speaks volumes about the property's investment potential, this home also enjoys a prime location within the catchment area of esteemed schools. The Mt Albert Grammar School, a secondary institution with a decile rating of 7, and the Edendale School (decile 6) are among the notable options. Balmoral School (Zone B for years 7-8, decile 9) and Auckland Girls' Grammar School (decile 3) further enhance the educational opportunities in the area.

Retaining its original features, this home offers a generous living space with a north-facing deck that overlooks lovely gardens, making it an ideal haven for both the young and young at heart, including the furry members of the family. The kitchen, with its stainless bench and timber floors, is a highlight of retro design, combining functionality with period charm. Just a short flat walk to Sandringham village and a 10-minute stroll to Westfield St Lukes, this property is not just a home but a golden opportunity in a sought-after location.

Updated on June 13, 2024