Nestled in a quiet cul-de-sac at 3/8 Shirley Road, Grey Lynn, Auckland, this charming and spacious one-bedroom unit boasts a brick exterior and tile roofing. Built in 1960, the property sits on a level contour and offers an ownership type of Cross-Lease. With a floor area of 55 square meters and a single carpark, it features average wall condition and poor roof condition, which has recently undergone a trendy full renovation. The property's Capital Value (CV) has seen a significant increase from $510,000 in July 2017 to $750,000 as of June 2021, marking a growth of 47.06%. The HouGarden AVM estimates the property at $720,000, while the latest sale was recorded in December 2003 for $178,000.
For families, the property falls within the zones of Pasadena Intermediate and Western Springs College, both with a decile rating of 8, while Grey Lynn School has a rating of 9 and Auckland Girls' Grammar School a rating of 3. This unit is not just an ideal first home for singles, couples, or downsizers, but also a lucrative investment, with the current owners enjoying 11 years of uninterrupted occupancy and rental income.
Conveniently located near transport hubs, Western Springs Park, Museum of Transport & Technology, and the zoo, this property is a gem waiting to be discovered. With a CV on the rise and a renovation that's above par, it's offered at a price that's under par. Simply put, it's a perfect match for all buyers.
Updated on April 13, 2024
Name | Distance | 类型 | Year | 属性 | Gender | Score | Decile | |
|---|---|---|---|---|---|---|---|---|
Grey Lynn School | 0.45 km | Primary | 1-6 | Government | Co-Educational | EQI: 374 | 9 | |
Pasadena Intermediate | 1.38 km | Secondary | 7-8 | Government | Co-Educational | EQI: 416 | 8 | |
Western Springs College-Ngā Puna o Waiōrea | 1.52 km | Secondary | 9-15 | Government | Co-Educational | EQI: 416 | 8 | |
Auckland Girls' Grammar School | 2.11 km | Secondary | 9-15 | Government | Single Sex-Girls | EQI: 488 | 3 |
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $1,115,000 | 119.5% | 1 |
2021 | $508,000 | -34.7% | 2 |
2020 | $778,500 | 49.7% | 2 |
2018 | $520,000 | -24% | 6 |
2015 | $684,000 | 75.4% | 3 |
2014 | $390,000 | - | 1 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.23 km | 4 | 2 | -m2 | 2024年04月29日 | $1,551,000 | Council approved | |
 | 0.24 km | 4 | 2 | -m2 | 2024年03月13日 | $1,475,000 | Council approved | |
0.33 km | 3 | 109m2 | 2024年02月19日 | $1,031,000 | Council approved | |||
 | 0.23 km | 3 | 3 | 127m2 | 2023年11月27日 | $2,125,000 | Council approved | |
 | 0.30 km | 2 | 1 | -m2 | 2023年11月13日 | - | Council approved |