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5/2 Gunson Street, Freemans Bay, Auckland, 3 Bedrooms, 3 Bathrooms, House

Sold: $2,225,000

Sold on 2024 Year 2024 Month 11 Day 01

5/2 Gunson Street, Freemans Bay, Auckland

3
3
124m2
167m2

Nestled in the serene Freemans Bay, this freehold property at 5/2 Gunson Street boasts 3 bedrooms, 3 bathrooms, and a single carpark, built in 1975 with wood walls and tiled roof, sitting on a levelled 167sqm land with a 124sqm floor area. The property has an average wall and roof condition, ideal for a 'lock n leave' lifestyle, just 200m from Ponsonby Road and Victoria Park. The government's capital value has seen a 49.12% increase from $1,425,000 in 2017 to $2,125,000 as of June 2021, while the HouGarden AVM estimates it at $2,105,000. Notably, the property sold for $2,175,000 in February 2021 and $1,750,000 in November 2018. It falls within the decile 8 Western Springs College, decile 9 Ponsonby Intermediate, decile 6 Freemans Bay School, and decile 3 Auckland Girls' Grammar School zones.

With a tasteful modernization, this property offers a serious space for entertainment, with a courtyard to enjoy spring evenings. The upstairs bedrooms have ensuites, and the master bedroom boasts stunning city views, a walk-in wardrobe, and North-facing aspects. It's a reminder of the proximity to the city, just a few minutes' walk to Wynyard Quarter, ASB Waterfront Theatre, and Park Hyatt, with a plethora of amenities and restaurants in Auckland CBD, Commercial Bay, and Mission Bay.

It's a rare opportunity to purchase a property like this, especially with the added bonus of potential AirBnB returns. The current owners are moving on, presenting a chance to own a piece of Auckland's changing city night lights, a daily inspiration for photographers and artists.

Updated on November 11, 2024

Council Data

Last update : 2025 02 19
Improvement value$450,000Increased by 23% from year 2017
Land value$1,675,000Increased by 58% from year 2017
CV(Year 2021 Month 06)$2,125,000Increased by 49% from year 2017
DeckYes
View typeNo appreciable view
ContourLevel
Land area167m²
Floor area124m²
Decade of construction1975
TitleNA29C/542
Type of titleFreehold
Legal descriptionLOT 6 DP 73523 167M2
CouncilAuckland - City
Estate descriptionFSIM,1/1,LOT 6 DEPOSITED PLAN 73523,167m2
Council rates$4,922.01
2023/2024
ConditionExternal Walls: Average
Roof: Average
ZoningResidential - Single House Zone

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Freemans Bay School
0.50 km
Primary
1-6
Government
Co-Educational
EQI: 407
6
Ponsonby Intermediate
0.76 km
Secondary
7-8
Government
Co-Educational
EQI: 381
9
Auckland Girls' Grammar School
0.85 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 488
3
Western Springs College-Ngā Puna o Waiōrea
2.92 km
Secondary
9-15
Government
Co-Educational
EQI: 416
8

Property history

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For developers

Unitary plan:Residential - Single House Zone
Land:167m²
Title:Freehold

Surrounding facilities

Gunson Street Neighborhood and Surrounding Data

Suburbs

Data analysis - Freemans Bay properties data
Freemans Bay property trend
Year
Median price
Growth
Sales count
2024
$2,087,500
4.4%
14
2023
$2,000,000
-18.4%
15
2022
$2,450,000
11.2%
15
2021
$2,202,500
19.7%
8
2020
$1,840,000
-4.4%
19
2019
$1,925,000
17.4%
24
2018
$1,640,000
-11.6%
26
2017
$1,855,000
-2.4%
16
2016
$1,900,000
8.9%
13
2015
$1,745,000
21.1%
17
2014
$1,441,000
-
13

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
102/36 College Hill, Freemans Bay
0.29 km
2
1
51m2
Year 2024 Month 11 Day 29
$750,000
Council approved
14 Franklin Road, Freemans Bay
0.13 km
4
3
-m2
Year 2024 Month 11 Day 13
$2,775,000
Council approved
0.17 km
4
422m2
Year 2024 Month 11 Day 07
$7,750,000
Council approved
21 England Street, Freemans Bay
0.15 km
3
1
81m2
Year 2024 Month 11 Day 04
$3,900,000
Council approved
24 England Street, Freemans Bay
0.15 km
4
133m2
Year 2024 Month 08 Day 29
$2,005,000
Council approved

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