19 Parkfield Terrace, Grafton, Auckland

Nestled at the tranquil end of Parkfield Terrace, this 3-bedroom, freehold property is a shining example of modern architectural genius emerging from the historic backdrop of Grafton, Auckland. Constructed in the early 20th century, the house boasts a fair-conditioned wood and iron exterior, sitting on a levelled 216sqm plot with a 120sqm floor area. The capital value has seen a remarkable increase of 35.87% from $1,380,000 in 2017 to $1,875,000 as of June 2021. The property's latest sale history dates back to 1998 at $258,000, while the current HouGarden AVM estimates it at $1,800,000.

With a CV growth that outpaces the market average, this residence offers more than just financial investment potential. It's a practical family home with an open plan living area that blends into a private outdoor haven, complete with a garden studio, flood-free assurance, and the comfort of a heat pump. Located in a prime school zone, it's within walking distance to Auckland Grammar, Newmarket School, and other top-rated educational institutions, while also providing easy access to public transport and motorway routes.

For those seeking a first home, a lock-up-and-leave convenience, or a rental property in a highly sought-after area, 19 Parkfield Terrace presents a rare opportunity. The property is set to be sold as the vendor is leaving Auckland, making it a must-consider for the discerning buyer.

Updated on April 26, 2024