5 Allen Road, Grey Lynn, Auckland

Located at 5 Allen Road, Grey Lynn, Auckland - City, this residential dwelling boasts 5 bedrooms and a floor area of 212 square meters on a 429 square meter freehold land. Constructed in 1920 with wood walls and an iron roof, both in average condition, this property offers an easy/moderate rise contour, providing a blend of historical charm and modern living. Despite lacking in carpark facilities, its spacious interiors and strategic location compensate, making it an attractive proposition for families and investors alike.

The property has seen a significant capital value increase of 45% from $2,000,000 in July 2017 to $2,900,000 in June 2021, reflecting its growing appeal in a vibrant market. The latest HouGarden AVM estimates its value at $2,852,500. Historical sales data reveal a long-term appreciation, with sales jumping from $90,000 in December 1985 to $775,000 in November 2010, showcasing the property's solid investment potential.

Education is a priority with this property situated within the zones of high-decile schools including Grey Lynn School (decile 9), Ponsonby Intermediate (decile 9), Pasadena Intermediate (decile 8), Western Springs College (decile 8), and Auckland Girls' Grammar School (decile 3). This ensures access to quality education, making it an ideal home for families with school-age children.

Updated on March 21, 2024.