12 Fergusson Avenue, Sandringham, Auckland

Nestled in the highly sought-after cul-de-sac of 12 Fergusson Avenue, Sandringham, Auckland, this freehold property is a charming 1930's bungalow. It boasts 5 bedrooms, 125 square meters of floor area, and is set on a sprawling 673 square meters of level land. The exterior walls are crafted from wood and the roof is made of iron, both in good and average condition respectively. This property has seen a significant capital value increase of 47.39%, from $1,340,000 in 2017 to the current $1,975,000 as of June 2021. The HouGarden AVM estimates the property's worth at $1,724,500, while the latest sale was recorded at $1,660,000 in June 2024, following a previous sale at $783,000 in November 2012.

For families with school-aged children, the property falls within the zones of several reputable schools. These include Mt Albert Grammar School (Secondary, Decile 7), Kowhai Intermediate School (Intermediate, Decile 7), Edendale School (Contributing, Decile 6), and Balmoral School (Full Primary, Decile 9). This makes it an ideal investment for those considering both the present and future educational needs of their family.

With potential for further development, this property presents a golden opportunity. Whether as an extended family purchase, a first home with development potential, or a long-term rental investment, it's a purchase that promises versatility and astute financial sense.

Updated on August 07, 2024