24 Tawariki Street, Ponsonby, Auckland

Nestled in the heart of Ponsonby, Auckland, this prime 682m2 freehold property on 24 Tawariki Street is a developer's dream. The site, zoned for mixed housing, currently hosts a charming 1930s brick home with 2 bedrooms, 1 bathroom, and 3 car parks. The roof, in good condition, is tiled, while the average walls are made of brick. The capital value has seen a rapid increase of 28.57% from $1,925,000 in 2017 to $2,475,000 as of June 2021. The HouGarden AVM estimates the property's worth at $2,302,500, making it an attractive investment. The location is further enhanced by its proximity to top-rated schools such as Western Springs College (Decile 8), Bayfield School (Decile 10), Ponsonby Intermediate (Decile 9), and Auckland Girls' Grammar School (Decile 3), ensuring a quality education for the family.

With a floor area of 87 square meters and a contour that offers an easy to moderate fall, this property is a goldmine for those looking to realize their architectural ambitions. Its strategic placement near Ponsonby Road provides convenient access to the area's famous culinary scene, shopping, and services, promising a lifestyle of comfort and convenience. This is a huge potential property in a prime location, ready for a visionary developer to unlock its full potential.

Located in a sought-after school zone, this property is perfect for families looking to secure a top-notch education for their children. The nearby schools cater to all age groups, from primary to secondary, and are known for their high decile ratings, ensuring a quality educational environment.

Updated on May 31, 2024