13 Garfield Street, Parnell, Auckland

Nestled in the heart of Parnell, at 13 Garfield Street, lies a residential gem on a freehold site, built in 1978 with mixed materials and an iron roof, both in good condition. This 4-bedroom, 2-bathroom home spans an area of 113 square meters on a quarter-acre section, boasting an easy-to-moderate rise contour. The property has seen a significant jump in its Capital Value (CV), from $1,825,000 in 2017 to $2,250,000 as of June 2021, reflecting a growth of 23.29%. The HouGarden AVM estimates the property's worth at $2,155,000, while the latest sale in the area was for $2,000,000 in March 2021.

With a CV increase trending upwards, this property also enjoys a prime location within the catchment area of top-rated schools, including Parnell School, Auckland Grammar, and Epsom Girls' Grammar School, all deciled at 9. The site presents a golden opportunity for investors and families alike, with potential to build a dream home or take advantage of the resource consented plans already in place.

Centrally located, it's just a stone's throw away from the vibrant Parnell Road and St Georges Bay Road, offering an array of shops, bars, restaurants, and cafes, along with excellent public transport links. This is a property that combines the charm of a well-maintained home with the potential for further development, making it a truly attractive prospect in the Auckland real estate market.

Updated on October 21, 2024