41 Pine Street, Mount Eden, Auckland

Located in the heart of Mount Eden, Auckland - City, the classic family bungalow at 41 Pine Street is a testament to timeless charm and potential. This freehold property, built in 1910, spans 111 square meters of floor area on a generous 613 square meter land plot. It features 3 bedrooms, a spacious attic room suitable for storage or a home office, and 1 carpark. The bungalow is constructed with wood walls in good condition and an iron roof also in good condition, ensuring durability and comfort. The level contour of the property complements its residential dwelling category, making it an ideal choice for families seeking a blend of character and convenience.

Over the years, the property has seen a significant increase in capital value, from $1,450,000 in July 2017 to $2,125,000 in June 2021, marking a 46.55% growth. The HouGarden AVM estimates its value at $2,092,500. This property has been on the market for the first time in 40 years, highlighting its unique appeal and the opportunity it presents for value addition or personalization. Its auction is scheduled for 21 February 2024 at 34 Shortland Street, City, offering a rare chance to acquire a piece of Mount Eden's tightly held real estate.

The property is zoned for excellent schools, including Balmoral School (Auckland) Zone B (yrs 7-8) with a decile rating of 9, Mt Albert Grammar School with a decile of 7, and Auckland Girls' Grammar School with a decile of 3. Its location is unbeatable, with proximity to Balmoral's cafes, eateries, local amenities, parks, Mt Eden Village, Eden Park, and easy access to the city and airport, making it perfect for families prioritizing education and lifestyle.

Updated on March 22, 2024.