5 Riro Street, Point Chevalier, Auckland

Nestled in the serene Point Chevalier, this charming 2-bedroom, 1-bathroom residence with a single carpark on Riro Street boasts an impressive 88sqm floor area and a spacious 578sqm section. Constructed in 1930 with mixed materials for the walls and iron for the roof, this freehold property presents an average condition both inside and out, set on a level contour. The government’s capital value has seen a staggering 74.6% increase from $1,260,000 in 2017 to $2,200,000 as of June 2021. The HouGarden AVM estimates the property at $1,558,500, while the latest sales history shows transactions at $254,000 each in 1998 and 1995. This home, with its polished wooden floors and bay window, is ready for immediate occupation while offering potential for extensions or renovations.

Educationally, the property falls within the zones of highly-rated schools: Pasadena Intermediate at a decile of 8, Pt Chevalier School at a decile of 10, and Western Springs College at a decile of 8. Whether for investment, land banking, or as a family home, this property presents a golden opportunity in the mixed housing urban zone of Pt Chev.

Located minutes from Auckland Zoo and Western Springs Park, this home is not just a piece of real estate but a gateway to adventure and leisure, with the added benefit of a rental appraisal of $680-$730pw and a Healthy Homes Certificate.

Updated on December 03, 2024