Nestled at 33 Lincoln Street, Ponsonby, Auckland, this grand old villa on a freehold title is a gem in the city's heart. Constructed in 1900 with wood walls and an iron roof, both in good condition, the property spans a floor area of 138 square meters and a land area of 414 square meters. It boasts four bedrooms, two carparks, and a potential for a pool in its private, north-facing garden. The property has seen a Capital Value (CV) increase of 50% from $2,050,000 in 2017 to $3,075,000 as of June 2021. The HouGarden AVM estimates it at $2,945,000, while the latest sales were in 2005 for $870,000 and in 1993 for $255,000.
With a CV growth rate that outpaces the market, this property is not just a home but a sound investment. It is located in a sought-after school zone, with Western Springs College, Richmond Road School, Ponsonby Intermediate, and Auckland Girls' Grammar School all within reach, boasting deciles of 8 and 9, ensuring a quality education for the family.
Step into a world where classic charm meets modern convenience. This villa's potential is waiting to be unleashed by the next fortunate owner. Its enchanting appeal and the promise of a thriving community on Ponsonby Road make it a rare find indeed.
Updated on April 26, 2024