18b Formby Avenue, Point Chevalier, Auckland

Nestled in a serene cul-de-sac at 18b Formby Avenue, Point Chevalier, Auckland, this 1988-built, cross-lease property boasts 2 bedrooms, 1 bathroom, and 2 carparks. The 90sqm floor area residence features wood exterior walls, an iron roof, and an average condition throughout. With a CV of $1,825,000 as of June 2021, it has seen a remarkable growth of 47.18% since July 2017. The property is complemented by a delightful garden, a separate studio, and a modernized open-plan living space upstairs that steps out to an outdoor entertainment area. The kitchen is equipped with Bosch appliances and a wine fridge, while the entry level offers a wrap-around decking and a level lawn, perfect for gatherings.

As for valuation, the HouGarden AVM estimates the property at $1,750,000, with the latest sales recorded at $1,515,000 in August 2024 and $888,000 in March 2015. This home not only promises potential capital gains but also enjoys easy access to Walker Park, local amenities, and is within the decile 8 Pasadena Intermediate and decile 10 Pt Chevalier School zones, as well as the decile 8 Western Springs College catchment area.

Set back from the road with a double carport, this sought-after Pt Chevalier property offers a peaceful retreat while being conveniently located for city-side living. The current owners, having cherished the home and location for a decade, are now looking to move North to expand their business ventures.

Updated on October 23, 2024