Nestled in the esteemed Avondale neighbourhood on 29 Wairau Avenue, this 3-bedroom residential dwelling is a charming freehold property, built in 1915 with wood walls and an iron roof in good condition. The 104m² floor area is complemented by a levelled 776m² land, offering a serene and private setting. The property has seen a significant Capital Value increase of 56.25% from $960,000 in 2017 to $1,500,000 as of June 2021. HouGarden AVM estimates the property's value at $1,278,500, while the latest sale was in 1993 for $119,500. This home is perfect for those who see potential in either renovation or development, with a galley kitchen featuring repurposed wood adding a unique touch. It is zoned for Rosebank School (Decile 2), Avondale Intermediate (Decile 2), and Avondale College (Decile 4), ensuring quality education within the community.
With a picturesque front garden and a sunny private back deck, this home exudes warmth and comfort. The front verandah is an ideal spot for entertaining, setting the stage for memorable moments with family and friends. Its convenient location grants swift access to motorway links, connecting to the CBD and arterial routes. This villa/bungalow is not just a home but a promising investment opportunity that should not be missed.
Education wise, the property falls within a desirable school zone, with well-regarded institutions that cater to all levels of schooling. This, combined with the property's increasing Capital Value and development potential, makes it an attractive prospect for both families and investors.
Updated on December 16, 2024