5 Third Avenue, Kingsland, Auckland

Located in the heart of Kingsland, the romantic "Wednesbury Cottage" at 5 Third Avenue, Auckland - City, offers a unique opportunity with its dual street frontages on a large 480m2 north-facing site. This freehold property features 3 bedrooms, 1 bathroom, and a floor area of 94m2. The fibrous cement walls and iron roof, dating back to 1900, are in average condition. The property's steep fall contour adds to its character. With no carparks included, the focus is on the home's potential, including the possibility of extending the existing cottage or creating a new "minor" dwelling with separate access via Fourth Avenue.

The capital value of this property has seen a significant increase, from $1,360,000 in July 2017 to $1,750,000 in June 2021, marking a 28.676% growth. The latest sale was recorded on January 31, 2024, for $1,570,000, following a previous sale at $1,310,000 on March 25, 2020. The HouGarden AVM estimates the property's value at $1,675,000.

In terms of education, the property is zoned for several high-decile schools, including Newton Central School (decile 7), Kowhai Intermediate School (decile 7), Mt Albert Grammar School (decile 7), Pasadena Intermediate (decile 8), Western Springs College (decile 8), and Auckland Girls' Grammar School (decile 3). This makes it an ideal location for families seeking quality education options.

Updated on April 05, 2024.