Nestled on the fringe of Auckland City, within a serene green belt that resonates with bird songs, this 2-bedroom, 1-bathroom loft-style terrace home presents an exclusive opportunity for professionals, downsizers, or first-time buyers. Constructed in 2018 with a freehold title, the property boasts a capital value of $1,340,000 as of June 2021, showcasing a growth of 36.73% since July 2017. The 73sqm floor area is complemented by a 88sqm land area, a single carpark, and a well-maintained iron roof and wooden exterior walls. This residence, located at 11 Foundries Lane, Freemans Bay, is part of a select group of residences, offering stylish and convenient living in a super-exclusive address. The property's latest sale was in 2015 for $875,000, with the current HouGarden AVM estimating the value at $1,198,500. The location provides easy access to the CBD, waterfront, and transport, while being in the catchment area of esteemed schools such as Western Springs College (Decile 8) and Ponsonby Intermediate (Decile 9), among others.
With an open-plan living area featuring polished concrete floors, block walls, and beamed ceilings, the ground floor exudes a chic vibe, flowing seamlessly to a private deck perfect for entertaining. The upper floor hosts two bedrooms, versatile for home working or as a city base away from a beach lifestyle. This lock-and-leave property is an exceptional alternative to apartment living, without the burden of high body-corp fees, representing outstanding value in a desirable position.
For those with a focus on education, the property falls within the Freemans Bay School (Decile 6) and Auckland Girls' Grammar School (Decile 3) zones, ensuring a range of educational options for families. This city pad with flair and flavour is not to be missed, and immediate viewing and offers are encouraged.
Updated on April 18, 2024