29 Smale Street, Point Chevalier, Auckland

Nestled in the serene cul-de-sac of Smale Street, Point Chevalier, Auckland, this freehold property is a charming residential dwelling built in 1920. The north-facing bungalow boasts 4 bedrooms, 3 bathrooms, and is spread over a floor area of 133sqm on a sprawling 591sqm site. With a roof constructed of iron and walls in good condition made of wood, this home offers a solid foundation for potential renovations. The capital value has seen a remarkable increase from $1,550,000 in 2017 to $2,600,000 as of June 2021, reflecting a growth rate of 67.74%. The property includes a generous parking space for 2 cars and is primed for those seeking to add their personal touch to create their dream home.

History shows the property's latest sale occurred on March 29, 2001, for $350,000, following a previous sale on March 6, 1997, for $320,000. The HouGarden AVM estimates the property's current value at $1,944,500. This is an opportunity not to be missed, especially with a price that is $655,000 below the current CV, indicating immense potential for investment.

Educationally, the property falls within the zones of highly-rated schools. Pasadena Intermediate has a decile rating of 8, Pt Chevalier School a perfect 10, and Western Springs College stands at a decile rating of 8 for secondary education. This home is an ideal choice for families looking to provide the best education for their children while enjoying the benefits of a vibrant community and convenient access to amenities.

Updated on December 06, 2024