Nestled in the heart of Auckland City, at 141a Rosebank Road, Avondale, lies a charming residential dwelling on a freehold title. Constructed in 1920 with wood walls and an iron roof, this 90 square meter home with a level contour boasts 3 bedrooms, 1 bathroom, and ample space for parking. The property's Capital Value has seen a rapid increase from $650,000 in 2017 to $900,000 as of June 2021, reflecting a growth of 38.46%. The roof and walls are in average condition, and the home has been certified as a 'HEALTHY HOMES CERTIFIED' gem, featuring a designer-renovated interior and a modern kitchen.
With a HouGarden AVM of $877,500 and a latest sale history showing a jump from $370,000 in 2007 to $480,000 in 2014, this property presents a lucrative investment opportunity. The CV increase and AVM reflect a strong demand for properties in this central Auckland location, which is further enhanced by its proximity to Avondale College (170m) and Avondale Intermediate (750m), both in a decile 2 rating. The property is also close to Lynn Mall and various local amenities, with easy access to public transport and the motorway.
For families with school-aged children, the property falls within the highly sought-after school zones of Rosebank School, Avondale Intermediate, and Avondale College, ensuring quality education at every level. This is a rare find where price and size combine to offer an ideal home in central Auckland. Whether you seek a family residence or a smart investment, this property is a must-consider opportunity.
Updated on August 20, 2024