2 Fowlds Avenue, Sandringham, Auckland

Nestled in a quiet cul-de-sac at 2 Fowlds Avenue, Sandringham, Auckland, this freehold property built in 1954 boasts a brick exterior and a tiled roof. It offers 3 bedrooms, 2 carparks, and a generous floor area of 138 sqm on a land size of 607 sqm. The property has an average wall and roof condition and is situated on a level contour, making it an ideal investment with a CV of $1,775,000 as of June 2021, showing a significant increase of 36.5% from the 2017 valuation of $1,300,000. The latest sale was in 1994 for $185,000, while the current HouGarden AVM estimates it at $1,730,000.

With a CV growth rate that outpaces the market, this property is not just a dwelling but a smart investment. It's located in a prime position with easy access to motorways and minutes from the CBD, adjacent to the vibrant Westfield St Luke's Mall. The property is zoned for esteemed schools such as Mt Albert Grammar School (Decile 7) for secondary education, Kowhai Intermediate School (Decile 7), Edendale School (Decile 6), and Balmoral School (Decile 9) for primary, making it an attractive prospect for families.

Whether you're looking to renovate, rezone, or start anew, this property presents a "once in a lifetime" opportunity. It's a substantial family home with potential for transformation or a visible commercial space with ample parking. The deceased estate is set to be sold and will undoubtedly catch the eye of those seeking a hot spot in the city's fringe with excellent educational facilities and development prospects.

Updated on August 30, 2024