Nestled in the heart of Grey Lynn, Auckland, this 2-bedroom, 1-bathroom unit with a single car park presents a perfect starter home. Constructed in 1970 with fibrous cement walls and an iron roof, it sits on a level contour. Currently valued at $930,000, the property has seen a CV increase of 16.25% since 2017. Under the Cross-Lease ownership, this residence offers modernized kitchen and bathroom, and a cozy open-plan living area leading to a charming patio - ideal for summer BBQs and entertainment. The prime location, near an array of dining and shopping options, and within the decile 8 and 9 school zones of Western Springs College, Richmond Road School, and Ponsonby Intermediate, makes it an attractive opportunity for first-home buyers or professionals seeking a city lifestyle without the body corp hassle.
With a HouGarden AVM of $867,500 and a sales history showing significant growth from $192,500 in 2002 to $375,000 in 2010, this property is not just a home but a smart investment in a sought-after neighborhood.
Education is a priority, and this property is zoned for highly-rated schools. Western Springs College and Richmond Road School both boast a decile rating of 8, while Ponsonby Intermediate is rated at 9, and Auckland Girls' Grammar School at 3, catering to diverse educational needs.
Updated on May 31, 2024