65 Carlton Street, Hillsborough, Auckland

Nestled in the serene locale of 65 Carlton Street, Hillsborough, Auckland - City, this property presents a unique blend of charm and potential. The residence, resting on a full 809m2 freehold section, comprises four bedrooms, one bathroom, and offers no car parking facilities. With a floor area of 93m2, the house, built in 1950, showcases concrete walls and an iron roof, both in poor condition, set on a steeply falling contour. Despite its age and the need for renovation, the property's panoramic Harbour views and its classification as 'Residential - Vacant land multiple housing' add to its allure.

Over the years, the capital value of this property has seen a significant increase, from $1,220,000 in July 2017 to $1,500,000 in June 2021, marking a 22.95% growth. The HouGarden AVM estimates its value at $1,475,000. Historical sales data reveals a purchase for $479,000 in June 2011, following a sale for $158,000 in August 1993, indicating a steady appreciation in value. This growth trajectory underscores the property's investment potential amidst Auckland's dynamic real estate market.

The property is advantageously located within the school zones of Waikowhai Intermediate (decile 5), Hillsborough School (decile 8), and Onehunga High School (decile 3), making it an ideal choice for families prioritizing education. The proximity to local amenities, including shops, cafes, parks, beaches, and efficient public transport links, further enhances its appeal. With detailed information, including floor plans and LIM reports available, this property is poised for auction, offering a promising opportunity for discerning buyers.