20 Mead Street, Avondale, Auckland

Nestled in the serene Mead Street of Avondale, Auckland, this freehold property is a gem for the discerning buyer. Constructed in 1950 with wood walls and tiled roofs, the dwelling comprises 6 bedrooms, spans over 242 square meters of floor area, and is set on a spacious 1165 square meters of levelled land. The property, with average wall and roof conditions, presents a versatile living space with potential for multi-generational families or as an income-generating investment. The capital value has seen a growth of 45.45% from $1,375,000 in 2017 to $2,000,000 as of June 2021, echoing the property's rising worth. The HouGarden AVM estimates the property at $1,950,000, aligning closely with the market sentiment.

History reveals smart investments, with the latest sales in 1997 and 1995 at $240,000 and $205,000 respectively. The current owners are motivated to sell, presenting a golden opportunity for the right buyer. Adding to the appeal, the property falls within the catchment of Rosebank School (Decile 2) and Avondale College (Decile 4), ensuring quality education for the family. This is not just a home but a potential investment that promises growth and convenience, being minutes away from motorway access and local amenities.

With a size surprise, this home and income property offers a main house with 4 bedrooms, 1.5 bathrooms, and a minor dwelling with 2 bedrooms and a bathroom. Large decks and established gardens add to the charm, making it an ideal choice for those seeking a blend of comfort, location, and investment potential in the mixed housing suburban zone.

Updated on July 26, 2024