13 King Street, Grey Lynn, Auckland

Nestled in the vibrant Grey Lynn, this charming 5-bedroom, 2-bathroom villa on 13 King Street boasts a freehold title and a generous land area of 313sqm. Constructed in 1910 with wood walls and an iron roof, both in good condition, this property enjoys an easy/moderate contour and a floor area of 100sqm. The capital value has seen a rapid increase of 74.02%, from $1,020,000 in 2017 to $1,775,000 as of June 2021. The HouGarden AVM estimates the property at $1,650,000, while the latest sales were recorded at $1,199,991 in 2015 and $905,188 in 2014. This home offers versatile living with split levels, providing potential for multi-generational living or income from short-term rentals.

With a CV growth that outpaces the market and a prime location in one of Auckland's most sought-after suburbs, this property is not just a home but a sound investment. It is located in the catchment area of well-regarded schools such as Pasadena Intermediate and Western Springs College, both with a decile rating of 8, and Newton Central School with a decile 7 rating, making it an ideal choice for families.

Enjoying a quiet cul-de-sac position, this elevated property faces west, capturing the afternoon sun. It's just a short drive to Ponsonby's bustling cafes and restaurants, with easy access to motorway ramps. 13 King Street is a perfect blend of convenience, character, and potential.

Updated on May 18, 2024