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1 Formby Avenue, Point Chevalier, Auckland, 2 Bedrooms, 0 Bathrooms, House

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 12 Day 11

1 Formby Avenue, Point Chevalier, Auckland

2
120m2
345m2

Nestled on a prime corner section at 1 Formby Avenue, Point Chevalier, this charming freehold property built in 1999 with brick walls and tiled roof is a rare gem. Offering 2 bedrooms, 2 carparks, and a generous 120sqm floor area on a level 345sqm land, it's perfect for those seeking comfort and potential. The capital value has seen a significant increase of 47.32% from $1,120,000 in 2017 to $1,650,000 in 2021, while the HouGarden AVM estimates it at $1,510,000. This well-maintained home is located in a quiet cul-de-sac, within walking distance to the highly rated Pt Chevalier School, decile 10, and Pasadena Intermediate, decile 8, as well as Western Springs College for secondary education.

With a sunny open-plan living area and a private north-facing outdoor space, this home is a perfect blend of warmth and functionality. The property's potential is further enhanced by its prime location, close to amenities, and the promise of a vibrant community. It's a golden opportunity not to be missed, especially with the added bonus of being in a sought-after school zone.

Act now to secure this solid, well-loved home with immense potential for value addition, in a location that boasts excellent schooling options and convenient access to the city center, beaches, and parks.

Updated on December 12, 2024

Council Data

Last update : 2025 01 22
Improvement value$225,000Increased by 25% from year 2017
Land value$1,425,000Increased by 51% from year 2017
CV(Year 2021 Month 06)$1,650,000Increased by 47% from year 2017
View typeNo appreciable view
ContourLevel
Land area345m²
Floor area120m²
Decade of construction1999
TitleNA124B/201
Type of titleFreehold
Legal descriptionLOT 1 DP 195177 345M2
CouncilAuckland - City
Estate descriptionFSIM,1/1,LOT 1 DEPOSITED PLAN 195177,345m2
Council rates$4,027.86
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningResidential - Mixed Housing Urban Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Point Chevalier School Rangi-mata-rau
0.61 km
Primary
1-6
Government
Co-Educational
EQI: 362
10
Pasadena Intermediate
1.02 km
Secondary
7-8
Government
Co-Educational
EQI: 416
8
Western Springs College-Ngā Puna o Waiōrea
1.07 km
Secondary
9-15
Government
Co-Educational
EQI: 416
8

Property history

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For developers

Unitary plan:Residential - Mixed Housing Urban Zone
Land:345m²
Title:Freehold

Formby Avenue Neighborhood and Surrounding Data

Suburbs

Data analysis - Point Chevalier properties data
Point Chevalier property trend
Year
Median price
Growth
Sales count
2024
$1,280,000
-14.7%
12
2023
$1,500,000
-22.3%
5
2022
$1,930,000
7.2%
10
2021
$1,800,000
21.7%
14
2020
$1,478,500
4.9%
6
2019
$1,410,000
-6%
10
2018
$1,500,000
-3.2%
11
2017
$1,550,000
14.5%
11
2016
$1,354,000
33.1%
11
2015
$1,017,500
13.1%
12
2014
$900,000
-
15

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
141B Point Chevalier Road, Point Chevalier
0.08 km
4
3
167m2
Year 2024 Month 10 Day 31
-
Council approved
172 Point Chevalier Road, Point Chevalier
0.13 km
0
0
0m2
Year 2024 Month 10 Day 03
$2,001,000
Council approved
15a Formby Avenue, Point Chevalier
0.19 km
5
2
230m2
Year 2024 Month 09 Day 29
$1,700,000
Council approved
0.09 km
4
174m2
Year 2024 Month 09 Day 03
$1,400,000
Council approved
0.08 km
4
174m2
Year 2024 Month 08 Day 24
$1,385,000
Council approved

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