Nestled in the tranquil Grey Lynn, this charming family home at 58 Tuarangi Road boasts 4 bedrooms and a spacious floor area of 163m2. Constructed in 1945 with wood walls and tiled roof, it sits on a freehold site of 500m2 with an easy/moderate fall contour. The property has seen a significant Capital Value increase of 43.55% from $1,550,000 in 2017 to $2,225,000 as of June 2021. The latest HouGarden AVM estimates the property at $2,008,500, making it an attractive investment. Historically, the property sold for $228,000 in 2001 and $325,000 in 2000, demonstrating strong growth.
As for the government valuations, the property has been on a steady rise, reflecting the area's desirability. The home's peaceful location is complemented by its proximity to the city center, with the lush garden providing an oasis away from the hustle and bustle.
For families with school-aged children, the property falls within the zones of highly-rated schools such as Grey Lynn School (decile 9), Pasadena Intermediate (decile 8), and Western Springs College (decile 8). Auckland Girls' Grammar School is also an option, offering a diverse range of educational opportunities. This property offers the best value buying in Grey Lynn, a perfect blend of convenience, comfort, and potential for further enhancement.
Updated on April 29, 2024