14 Western Springs Road, Morningside, Auckland

Nestled on an expansive 809 sqm of freehold land in the sought-after Morningside, Auckland, this 1930s bungalow boasts 6 bedrooms and a floor area of 117 sqm. The property, with concrete walls and an iron roof, is in a condition deemed average, and it's just 13 minutes away from the city center. The capital value has seen a staggering increase of 40.3%, from $1,550,000 in 2017 to $2,175,000 as of June 2021. The HouGarden AVM estimates it at $1,699,500, while the latest sale was for $1,550,000 in 2017. This residence is not just a home but a golden opportunity for developers or renovators, with potential for subdivision and being in a prime school zone.

Government valuations reveal a consistent growth trajectory, and the property's AVM reflects a promising investment potential. The latest sale history underscores the market's confidence in this quiet cul-de-sac. With a heat pump and a standalone log burner, the living space is cozy, and the property's north-facing aspect ensures natural light and warmth throughout the day.

For families, the school network is a significant draw, with the property being in the zone for top-rated schools such as Pasadena Intermediate and Western Springs College, both with a decile rating of 8. Other schools include Mt Albert School (decile 6), Mt Albert Grammar School (decile 7), Kowhai Intermediate School (decile 7), and Auckland Girls' Grammar School (decile 3). This property offers not just a home but a lifestyle, with easy access to amenities, transport, and leisure at Fowlds Park.

Updated on September 05, 2024