Located at 74a Alverston Street, Waterview, Auckland - City, this Residential - Dwelling is a testament to classic charm and potential. Built in 1940, the property features a single bedroom, one bathroom, and no carpark, spread across a floor area of 61 square meters on a generous 556 square meter Freehold land. The brick and tile construction, with average condition walls and roof, sits on a level contour, making it a quaint yet solid choice for homeowners. Its light, bright, and inviting atmosphere is complemented by a secure, fully fenced backyard, perfect for entertaining or enjoying the all-day sun.
Over the years, the property has seen a significant increase in capital value, from $1,035,000 in July 2017 to $1,450,000 in June 2021, marking a 40.09% growth. The HouGarden AVM estimates its value at $1,425,000. Its sale history includes transactions in 2008 for $325,000 and in 2004 for $307,500, highlighting its appreciating value. This Freehold gem is ideal for first home buyers, investors, or those looking to renovate and stay, offering a unique blend of location, charm, and potential.
The property is zoned for Waterview School (decile 3), Avondale Intermediate (decile 2), and Avondale College (decile 4), providing a range of educational options for families. Its outstanding location ensures fast and easy access to Point Chevalier, the City, motorways, and the Unitec campus, making it a convenient and desirable choice for a wide range of buyers.