Nestled in the prestigious Northcote Point, 25 Princes Street stands as a charming 4-bedroom residential property, built in 1910 with wood and iron construction. This freehold gem, sitting on a steep fall contour, offers a floor area of 137sqm and a vast land area of 1045sqm. The property, with an average wall and roof condition, includes a single carpark and is a perfect blend of classic character and modern potential. Historically, the capital value has seen a rapid increase from $880,000 in 2017 to $1,400,000 as of June 2021, showcasing a growth rate of 59%. The HouGarden AVM estimates the property's worth at $1,280,000, making it an attractive investment in a suburb with promising growth.
For families, the property falls within the zones of esteemed schools. Northcote Intermediate School boasts a decile rating of 6, Northcote School (Auckland) a rating of 9, and Northcote College a rating of 7. This ensures a high-quality education for children of all ages. The location is not only convenient for education but also for lifestyle, being just steps away from the beautiful Waitemata Harbour and close to amenities like the Northcote Tavern, Engine Room, and Bridgeway Theatre.
With its prime location, rich history, and potential for growth, this property is a golden opportunity for those seeking a unique project and a place to call home in one of Auckland's most desired neighborhoods.
Updated on December 17, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.50 km | 1 | 1 | 50m2 | Year 2024 Month 12 Day 09 | - | Council approved | |
 | 0.11 km | 3 | 1 | 125m2 | Year 2024 Month 12 Day 05 | - | Council approved | |
 | 0.11 km | 3 | 1 | 174m2 | Year 2024 Month 11 Day 29 | - | Council approved | |
 | 0.38 km | 1 | 1 | 53m2 | Year 2024 Month 09 Day 17 | - | Council approved | |
0.38 km | 2 | 1 | 53m2 | Year 2024 Month 09 Day 03 | $530,000 | Council approved |