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
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.20 km | 2 | 2 | -m2 | Year 2024 Month 11 Day 12 | - | Council approved | |
 | 0.12 km | 3 | 2 | -m2 | Year 2024 Month 10 Day 01 | $1,810,000 | Council approved | |
0.24 km | 3 | 191m2 | Year 2024 Month 10 Day 01 | $3,500,000 | Council approved | |||
 | 0.13 km | 2 | 2 | -m2 | Year 2024 Month 09 Day 13 | - | Council approved | |
 | 0.16 km | 2 | 1 | 98m2 | Year 2024 Month 09 Day 05 | $831,000 | Council approved |