Nestled in the esteemed Avondale, Auckland, this 1960s brick townhouse at 2/5 Powell Street boasts 3 bedrooms, 2 carparks, and a floor area of 111sqm. Constructed with solid brick walls and an iron roof, it sits on a level contour with an average condition. The property holds a Cross-Lease title and has seen a 27.0% Capital Value increase from $740,000 in 2017 to $940,000 as of June 2021. The HouGarden AVM estimates it at $857,500, while the latest sales were at $656,500 in 2015 and $420,000 in 2012.
With a CV history reflecting steady growth, this home is a gem for investors. It is located in a school zone with Avondale Intermediate at a decile 2, Avondale College at a decile 4, and Avondale Primary School at a decile 3, making it an ideal choice for families. The well-maintained property features a sunny deck and a boxed garden, offering both comfort and potential for enhancements.
Whether you're a family seeking a comfortable home in a vibrant community, a buyer looking to climb the property ladder, or an investor eyeing a solid return, this townhouse presents a compelling opportunity. Its convenient location, with easy access to amenities and highways, further enhances its appeal.
Updated on December 13, 2024