51 First Avenue, Kingsland, Auckland

Nestled in the prime location of Kingsland's most desired street, 51 First Avenue presents a unique opportunity on a freehold property. This 1903 homestead, with its Iron roof and Wood exterior walls, offers 3 bedrooms, a single carpark, and a floor area of 123 square meters on a land of 463 square meters. The property, with a current Capital Value (CV) of $2,025,000, has seen a growth of 44.64% from its previous CV of $1,400,000 in 2017. While the walls and roof are in a poor condition, the property's potential is undeniable, being in an 'Easy/Moderate Fall' contour.

As per the valuation, the HouGarden AVM estimates the property at $2,010,000, with the latest sale recorded in 1993 at $114,000. This indicates a significant increase in value over the years. The property is set for auction on-site on Saturday, November 16, 2024, at 12:00PM, and the family of the deceased estate is looking for a new owner to continue its legacy.

For families with school-aged children, the property falls within the zones of several reputable schools. Pasadena Intermediate and Western Springs College, both with a decile rating of 8, are in close proximity. Other schools include Newton Central School (decile 7), Mt Albert School (decile 6), Mt Albert Grammar School (decile 7), Kowhai Intermediate School (decile 7), and Auckland Girls' Grammar School (decile 3), offering a range of educational options.

Updated on November 22, 2024