Nestled in the prestigious Grey Lynn neighborhood of Auckland, 29 Rose Road stands as a charming freehold property, built in 1900 with wood and iron construction. This 4-bedroom, 1-bathroom residence boasts a floor area of 112sqm and is set on a generous 279sqm section with an easy/moderate rise contour. The property, with an average wall and roof condition, includes a carpark and presents a flexible layout with potential for open-plan living. Notably, the capital value has seen a significant increase, with a current government valuation of $2,400,000 as of June 2021. The HouGarden AVM estimates the property at $2,195,000, hinting at a promising investment opportunity.
Historically, the property has shown a strong CV growth trajectory, with a recent sale history that underscores its appeal. The quiet cul-de-sac location, just 250m from the vibrant Ponsonby Road, enhances its desirability, offering a prime lifestyle destination with cafes, boutiques, and nightlife at your doorstep. The north-facing aspect ensures all-day sun and beautiful westerly light, making it a warm and inviting space.
For families, the property falls within a highly-rated school zone. The educational institutions in the area are known for their excellence, ensuring a quality education for children. This, combined with the property's potential for renovation and its sought-after address, makes 29 Rose Road an opportunity not to be missed.
Updated on December 13, 2024