Discover the allure of this two-storey villa at 30 Bright Street, Eden Terrace, Auckland - City, offering a blend of charm and potential in a coveted city fringe location. This freehold property, with its classic white picket fence and secure vehicle gate, presents a versatile opportunity for astute buyers. The home spans 311 square meters of floor area on a 334 square meter land parcel, featuring wood construction with tiles roofing. Despite its age, dating back to 1900, the property maintains fair wall conditions and average roof conditions, all set on a level contour. Inside, the residence boasts five bedrooms, flexible living options, and off-street parking for three cars, making it ideal for investors, Airbnb hosts, multi-generational families, or professionals seeking an urban lifestyle.
Financially, the property has shown significant growth, with its capital value increasing by 25% from $1,500,000 in July 2017 to $1,875,000 in June 2021. The latest sale recorded on July 21, 2022, was $1,531,268, up from $55,000 in February 1985, highlighting the property's substantial appreciation over time. The HouGarden AVM estimates the property's value at $1,842,500, indicating its continued desirability in the market.
Education is a priority, and this property is zoned for several high-decile schools, including Pasadena Intermediate, Western Springs College, Newton Central School, Mt Albert Grammar School, Kowhai Intermediate School, and Auckland Girls' Grammar School, with deciles ranging from 3 to 8. This prime location, less than 10 minutes from the CBD and close to main arterials, bus routes, and the vibrant areas of Ponsonby and Kingsland, makes it an attractive option for families and professionals alike.