20 Strong Street, Saint Johns, Auckland City

Nestled in the serene cul-de-sac of Strong Street, this freehold property is a gem in Saint Johns, Auckland. Constructed in 1966 with fibrous cement walls and an iron roof, it boasts 5 bedrooms, 4 carparks, and a sprawling 286sqm floor area on a level 731sqm land. The property, valued at $2,325,000 as per the latest government valuation, has seen a CV increase of 22.37% since 2017. The roof and walls are in average condition, and the units, currently tenanted, offer a rental potential of $83,720 annually with the possibility of upside.

History shows a latest sale in 1988 for $225,000, while the HouGarden AVM estimates the property's worth at $2,302,500. This versatile property invites you to explore various options: retain the rental flats, enhance them for maximized returns, or reside in the spacious two-bedroom unit while enjoying the income from the rest.

Educationally, the property falls within the zones of Baradene College (Decile 9) for secondary education, Selwyn College (Decile 4), and Stonefields School (Decile 9) for full primary education. This, coupled with the property's location near a popular French bakery and local shopping centre, makes it an opportunity not to be missed.

Updated on November 22, 2024