53/68 Fonteyn Street, Avondale, Auckland

Nestled in the heart of Avondale, at 53/68 Fonteyn Street, lies this modern and nearly new unit, built in 2014. This residential ownership home unit boasts 2 bedrooms, 1 bathroom, and an open-plan living area, all within a comfortable floor area of 84 square meters. The property sits on a level contour, with a land area of 175 square meters, and features a brick and tile construction, both in good condition, ensuring low maintenance. It comes with a unit title and the added benefit of freehold ownership, promising potential capital gains in the future. The highlight is the private, fenced backyard, perfect for sunbathing or afternoon tea, complemented by the convenience of internal access garaging and additional off-street parking. The community is gated, with a live-in site manager and a Community Centre, catering to the residents of Avondale Gardens Lifestyle Village, designed for the over 45s.

As for the property's valuation, the capital value has seen a 10.24% increase from $635,000 in 2017 to $700,000 as of June 2021. The HouGarden AVM estimates the property at $680,000, while the latest sale history shows transactions at $640,000 in 2024 and $460,000 in 2014. This trend indicates a promising investment opportunity.

For families, the property falls within the zones of Rosebank School (Decile 2), Avondale Intermediate (Decile 2), and Avondale College (Decile 4), ensuring quality education for all ages. With its prime location, easy access to transportation, and a stone's throw away from Avondale markets, this property offers not just a home but a lifestyle.

Updated on August 01, 2024