16 Hakanoa Street, Grey Lynn, Auckland

Nestled in the esteemed Hakanoa Street, this charming villa on a freehold title is a rare opportunity for buyers. The 3-bedroom, 1-carpark home boasts a floor area of 113sqm and is set on a generous 640sqm section. Constructed in 1905 with wood walls and an iron roof, both in good condition, this property enjoys an easy/moderate contour with a north-facing deck. The capital value has seen a 46.15% increase from $1,950,000 in 2017 to $2,850,000 as of June 2021. The HouGarden AVM estimates it at $2,827,500, while the latest sale was in 1989 for $150,000. Educationally, the property falls within the decile 8 Western Springs College and Richmond Road School, and the decile 9 Ponsonby Intermediate, with Auckland Girls' Grammar School also in the zone.

With its period charm and potential for restoration, this villa is perfect for those seeking a special property. The separate downstairs room and basement offer further potential, while the internal access garage adds convenience. Located in a prime Grey Lynn street, it's a short walk to the vibrant West Lynn precinct, making this a unique find with endless opportunities.

Part of a sought-after school zone, the property is close to well-rated institutions. Western Springs College and Richmond Road School both have a decile rating of 8, while Ponsonby Intermediate is rated 9 and Auckland Girls' Grammar School is rated 3. This combination of location, potential, and educational opportunities makes it an attractive prospect for families.

Updated on November 21, 2024