89 Rose Road, Grey Lynn, Auckland

Nestled in the prestigious Grey Lynn, Auckland, 89 Rose Road presents a charming 3-bedroom, freehold property on a generous 404sqm section. Constructed in 1940 with roughcast walls and an iron roof, this residence boasts a floor area of 127sqm and a carpark. The property, in fair condition both in walls and roof, is complemented by its easy/moderate rise contour and a serene garden sanctuary. The latest government capital value as of June 2021 is $2,525,000, marking a significant increase of 42.25% since July 2017. HouGarden AVM estimates the property at $2,420,000, while the last sale was in 1992 for $138,000.

With a rich history and potential for value addition, this property is located in a highly sought-after school zone. Western Springs College, Richmond Road School, Ponsonby Intermediate, and Auckland Girls' Grammar School are all within reach, with decile ratings ranging from 3 to 9. It's a golden opportunity to invest in a prime location, whether to hold or renovate.

Set in a quiet cul-de-sac, opposite the lush Grey Lynn Park, this north-facing property is a rare find. The charming garden and art studio provide a peaceful retreat, while the well-configured interior, including a master bedroom with French doors opening to the garden, is bathed in natural light. Here is a chance to capitalize on a slice of Auckland's most desirable real estate.

Updated on October 25, 2024