Discover the potential of 1763 Great North Road, Avondale, Auckland - City, a unique property that stands on a 632m² flat section, zoned for terrace housing and apartment building. This 1920s weatherboard house, with its iron roof and wood walls, both in average condition, offers a spacious floor area of 154m². It features 7 bedrooms, distributed across two wings, and an open plan living area with a beautiful kitchen at its heart. The property enjoys an easy/moderate fall contour and is under freehold ownership, making it an attractive choice for families or investors. The outdoor area includes an elevated deck with a peek of the sea view and a large rectangular lawn, perfect for relaxation or entertainment.
Over the years, the capital value of this property has seen a significant increase, from $800,000 in July 2017 to $1,650,000 in June 2021, marking a 106.25% growth. The latest HouGarden AVM estimates its value at $1,620,000. Its sale history shows a steady rise in value, with the latest sale on February 1, 2024, at $1,342,000, following a previous sale on June 23, 2022, at $1,142,000. This property's value trajectory indicates a robust investment opportunity.
Education is a priority, and this property is ideally located within the zones of several schools, catering to all levels of learning. Rosebank School (decile 2), Avondale Intermediate (decile 2), Avondale College (decile 4), and Avondale Primary School (Auckland) (decile 3) are all within reach, offering diverse educational opportunities for families. This property is not just a home; it's a gateway to a vibrant community and a promising future.