Nestled in the serene Avondale, at 47 Shoreham Street, lies a residential gem on a freehold land of approximately 600sqm. This 1960s bungalow, with its iron roof and wooden exterior, offers a floor area of 152sqm, complete with 3 well-sized bedrooms, separate laundry, and a conservatory. The property's capital value has seen a 33.33% increase from $975,000 in 2017 to $1,300,000 as of June 2021. The HouGarden AVM estimates it at $1,265,000, while the latest sales history shows a significant growth from $304,000 in 2004 to $305,000 in 2002. This property not only promises a comfortable family living but also presents a lucrative opportunity for investors, with a rental appraisal of $690 - $720 per week.
With a CV that's $299,000 below the market, this property is a steal. It's located in a prime area with easy access to New Lynn mall and major highways. The school zones are another highlight, with Avondale College (Decile 4), Glenavon School (Decile 1), and New Windsor School (Decile 4) being the notable ones. This is not just a home, but a golden investment chance in a sought-after neighborhood.
For those looking to capitalize on a property with immense potential, this is where your search ends. Don't miss the opportunity to own a piece of Avondale's future, schedule a viewing today and secure your investment in this prime location.
Updated on July 31, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
0.16 km | 5 | 201m2 | Year 2024 Month 09 Day 12 | $1,300,000 | Council approved | |||
 | 0.14 km | 4 | 2 | 190m2 | Year 2024 Month 09 Day 06 | - | Council approved | |
 | 0.14 km | 3 | 2 | 166m2 | Year 2024 Month 08 Day 25 | $1,100,000 | Council approved | |
0.04 km | 5 | 3 | 156m2 | Year 2024 Month 08 Day 01 | - | Council approved | ||
0.04 km | 3 | 156m2 | Year 2024 Month 07 Day 07 | $1,160,000 | Council approved |