Nestled on a prime 607sqm site at 51 Bollard Avenue, New Windsor, Auckland, this 1960-built residential property with a Freehold title presents a captivating opportunity. The home boasts a floor area of 170m2, featuring 3 bedrooms, average condition brick walls, and an iron roof. It's a charming 1950s time capsule, ready to be renovated to its full potential. The property has experienced a significant Capital Value increase of 51.5% from $990,000 in 2017 to $1,500,000 as of June 2021. The latest sale was recorded in 1990 at $138,000, while the current HouGarden AVM estimates the property's worth at $1,435,000.
With a CV growth that outpaces the market, this property also enjoys a favorable location within the catchment area of Avondale College (Decile 4) and Avondale Primary School (Decile 3). The quiet cul-de-sac provides a serene environment, perfect for family living, with easy access to the CBD, motorways, shopping malls, and the convenience of Mt Albert Pak'n Save nearby.
Here is a chance to secure not just a home but a piece of history with immense potential, ideal for those looking to invest in a property that offers both a solid foundation and room for growth.
Updated on October 25, 2024