Located at 1/54 Richmond Avenue, Northcote Point, Auckland - North Shore, this charming residential dwelling offers an entry-level affordability into the prestigious Northcote Point community. Built in 1930, the property features three bedrooms, a bathroom, and a carpark, spread across a floor area of 120 square meters. The house, designed and built by an architect vendor, boasts wood wall construction and an iron roof, both in average condition. The property, on a cross-lease title, is situated on a land contour described as easy/moderate fall, making it a unique find in this sought-after location.
Over the years, the capital value of this property has seen a significant increase, from $1,350,000 in July 2017 to $1,725,000 in June 2021, marking a 27.78% growth. The latest HouGarden AVM estimates the property's value at $1,238,500. This home, which last sold for $262,500 on February 16, 1995, represents a fantastic opportunity for growth and investment. Its north-facing garden, featuring a 100+ year old plum tree, offers a serene and private outdoor space, adding to the property's charm and appeal.
Education is a priority for families, and this property does not disappoint, being zoned for Northcote Primary, Intermediate, and College, with decile ratings of 9, 6, and 7, respectively. These schools are known for their quality education and community spirit, making this home an ideal choice for families looking to provide their children with a solid educational foundation. Additionally, the property's proximity to community amenities, including cafes, restaurants, parks, and transport options, underscores its perfect blend of lifestyle and convenience.