Nestled in the core of New Lynn, at 1/36 Delta Avenue, lies this charming 3-bedroom property with a Unit Title. Constructed in 1930, the residence boasts wooden walls and tiled roofing in average condition. It spans a floor area of 130 square meters and includes a bathroom, a renovated washroom, a modern kitchen with ample storage, a separate lounge, and new carpeting. The property also features a garage with additional off-street parking for two cars. The Capital Value (CV) has seen a rapid increase of 31.39% from $685,000 in 2017 to $900,000 as of June 2021. The HouGarden AVM estimates the property at $877,500, while the latest sale was recorded at $860,000 in June 2024. This property is perfect for those seeking proximity to local amenities, with Lynn Mall and the train station within a short walk.
Government valuations reflect a promising investment, with a CV growth that outpaces the market average. The property's latest sale history and AVM provide a realistic perspective on its current worth. Investors will find this property's growth potential and central location highly appealing.
For families with school-aged children, the property falls within the zones of Kelston Intermediate (Decile 2), Kelston Boys' High School (Decile 3), Kelston Girls' College (Decile 2), and New Lynn School (Decile 4). This ensures access to quality education within the community.
Updated on August 14, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.03 km | 2 | 1 | 56m2 | Year 2024 Month 10 Day 02 | - | Council approved | |
 | 0.28 km | 3 | 1 | 90m2 | Year 2024 Month 09 Day 25 | - | Council approved | |
 | 0.19 km | 2 | 2 | -m2 | Year 2024 Month 09 Day 04 | - | Council approved | |
 | 0.27 km | 6 | 2 | -m2 | Year 2024 Month 08 Day 01 | $960,000 | Council approved | |
 | 0.20 km | 5 | 2 | 0m2 | Year 2024 Month 07 Day 01 | $820,000 | Council approved |