159 Birkenhead Avenue, Birkenhead, Auckland - North Shore

Nestled in the heart of Birkenhead, Auckland, 159 Birkenhead Avenue is a charming property on offer for the first time in 60 years. This freehold residence boasts 3 bedrooms, a single carpark, and a floor area of 125 square meters on a level contour. Constructed in 1910 with wood walls and an iron roof, both in average condition, this property sits on a generous 767 square meter section. The location is prime, with full day sun and views of Rangitoto and the sea from the ground floor, and potential city views from higher floors. The property is zoned for terrace housing and apartment buildings, offering immense potential for developers. The current government valuation (CV) stands at $1,740,000, while the HouGarden AVM estimates it at $1,725,000. Notably, the property has seen a recent sale history with a sale in 2023 for $1,100,000 and another in 2024 for $1,410,000, indicating a significant growth in capital value.

For investors, the property presents a golden opportunity with a CV increase history and a prime location, just minutes from Birkenhead village and Highbury Shopping Center. The existing house is ready for demolition, making way for new developments. The land is fully fenced, with a flat front yard and a gently sloping back garden, all within a quiet cul-de-sac street.

When it comes to education, the property falls within a highly sought-after school zone. With excellent transport links and amenities nearby, including the Harvey Wright Field and Birkenhead Leisure Centre, this property is not just a home but a wise investment in a thriving community.

Updated on November 27, 2024