28 Bayfield Road, Ponsonby, Auckland

Nestled at 28 Bayfield Road, Ponsonby, Auckland, this residential dwelling on a freehold title is a gem waiting to be polished. Constructed in 1920 with wood walls and an iron roof, the property boasts 3 bedrooms, a floor area of 170sqm, and a land area of 500sqm. The house, with average wall and roof conditions, is situated on a site with an easy to moderate fall, offering a serene environment in a quiet cul-de-sac. The property's CV has seen a remarkable increase from $1,850,000 in 2017 to $2,900,000 as of June 2021, reflecting a growth of 56.76%. This is a home that promises potential gains and prosperity.

With a HouGarden AVM of $2,822,500 and a history of sales at $520,000 in 2001 and $494,000 in 1999, the property presents a sound investment opportunity. Its location within the catchment areas of highly-rated schools such as Western Springs College (Decile 8), Bayfield School (Decile 10), Ponsonby Intermediate (Decile 9), and Auckland Girls' Grammar School (Decile 3) adds to its allure, making it an ideal choice for families.

Whether you're looking to transform it into something exceptional, hold it for future value, or generate investment income, this property is a dream opportunity. The spacious proportions, beamed ceilings, and casement windows provide a perfect canvas for renovation. The current configuration includes a 2-bedroom home upstairs and additional accommodation downstairs, which could be linked to create a large family home. The site's excellent elevation and ample land area also allow for potential additions like a pool or home extension. Located on the Herne Bay/Ponsonby border, you'll enjoy easy access to local amenities, parks, and the vibrant Jervois Road for dining and socializing.

Updated on July 22, 2024