Nestled in the heart of Point Chevalier, Auckland, this charming property at 1021 Great North Road offers a versatile living space on a Freehold title. Constructed in 1930 with wood walls and an iron roof, the home boasts 4 bedrooms, a modernized kitchen, and an open dining area. The average-conditioned walls and roof shelter a floor area of approximately 214sqm, complemented by a large shed/workshop and ample off-street parking. Historically, the Capital Value (CV) has seen a growth of 50% from $1,450,000 in 2017 to $2,175,000 as of June 2021. HouGarden AVM estimates the property at $2,120,000, hinting at potential profit for the savvy investor.
With a CV increase that outpaces the market, this property's value is further enhanced by its strategic location in a Business Mixed Use Zone, near MOTAT, Auckland Zoo, and Western Springs Stadium. It falls within the decile 8 Pasadena Intermediate and decile 10 Pt Chevalier School zones, with Western Springs College, a secondary school with a decile rating of 8, also in close proximity.
This is not just a home; it's an opportunity to paint your own story amidst the convenience and recreational lifestyle that the location provides. Whether you seek a forever home or a canvas for your creative real estate ventures, this property is a golden canvas waiting to be transformed.
Updated on August 20, 2024