Nestled at 59 John Street, Ponsonby, Auckland, this freehold property is a charming 1915-built villa. It boasts 4 spacious bedrooms, a single bathroom, and an open-plan living and kitchen area facing the west, with a floor area of 105 square meters on a land of 303 square meters. The property features a fair condition wood exterior and iron roof, with a carpark and a basement offering potential for further development. The capital value has seen a significant increase from $1,625,000 in 2017 to $2,550,000 as of June 2021, a growth of 56.92%. The HouGarden AVM estimates the property at $2,372,500, making it an attractive investment in a sought-after cul-de-sac.
With a property contour that offers easy to moderate rise, it enjoys unobstructed views of the Waitakere Ranges and stunning sunsets. The property is surrounded by top-rated schools, including Western Springs College (Decile 8), Ponsonby Primary School (Decile 10), Ponsonby Intermediate (Decile 9), and Auckland Girls' Grammar School (Decile 3), ensuring a quality education within the zone.
Arguably Ponsonby's most desired do-up opportunity, this property is presented to the market for the first time in 41 years. It's a blank canvas with immense potential, ready for a new owner to unlock its full potential. With clear vendor instructions, this is a rare chance to transform this Ponsonby gem into a cherished family home.
Updated on May 31, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.21 km | 3 | 1 | -m2 | Year 2024 Month 12 Day 01 | - | Council approved | |
 | 0.08 km | 3 | 2 | -m2 | Year 2024 Month 11 Day 13 | $3,880,000 | Council approved | |
 | 0.20 km | 3 | 2 | -m2 | Year 2024 Month 11 Day 07 | - | Council approved | |
 | 0.10 km | 4 | 1 | 110m2 | Year 2024 Month 10 Day 20 | $2,660,000 | Council approved | |
 | 0.14 km | 3 | 134m2 | Year 2024 Month 09 Day 17 | $3,287,000 | Council approved |