Positioned in the serene Freemans Bay, this freehold property at 3 Tahuna Street is a residential rental converted into flats, boasting 6 bedrooms and a single carpark. Constructed in 1900 with wood walls and iron roofing, it presents an average condition with an easy/moderate rise contour. The property offers 293 square meters of floor area on a 451 square meter land, with a capital value of $3,375,000 as of June 1, 2021. The quiet cul-de-sac location provides a blend of comfort and convenience, moments away from Western Park and close to Ponsonby Road's vibrant cafes.
History shows a significant increase in value, with the latest sale recorded in 1990 at $216,000, following $175,000 in 1987. The HouGarden AVM estimates the property's worth at $2,684,000, showcasing a substantial growth percentage. This versatile investment opportunity is perfect for both investors and homeowners.
For families, the property falls within the zones of Western Springs College (decile 8), Ponsonby Intermediate (decile 9), Freemans Bay School (decile 6), and Auckland Girls' Grammar School (decile 3), ensuring access to quality education.
Updated on August 20, 2024