7 Northland Street, Grey Lynn, Auckland

Nestled on the ridge line of Grey Lynn, this charming turn-of-the-century single bay villa on 7 Northland Street boasts a freehold title and a spacious floor area of 120sqm. Constructed with wood walls and an iron roof, this property has undergone external improvements including re-piling and boasts a large backyard with a serene tropical garden and a new lawn. Additionally, a sizeable studio at the rear offers versatile options for work or leisure. The property's capital value has seen a significant increase from $1.9M in 2017 to $2.8M in 2021, reflecting a growth of 47.37%. The latest sale was recorded at $2.02M in 2024. Within the highly sought-after school zones, Pasadena Intermediate and Western Springs College both hold a decile rating of 8, while Grey Lynn School is rated 9. The HouGarden AVM estimates the property's value at $2.1245M.

With a rich history and a promising future, this property presents a golden opportunity for investors and families alike. The location is conveniently close to local amenities, with Josie Café and RE Burger nearby, and easy access to Auckland CBD via motorway ramps. The villa, already enhanced with solid work, holds potential for further renovation with resource consent in place for an extension and a pool.

Grey Lynn's top educational institutions, including Kowhai Intermediate School and Auckland Girls' Grammar School, complete the appeal of this property, making it an ideal choice for families with children.

Updated on November 27, 2024