Nestled on a generous section at 49 First Avenue, Kingsland, Auckland, this charming 2-bedroom villa is a freehold property with immense potential. Constructed in 1900, the house features wood walls and an iron roof, both in fair condition. The property boasts a floor area of 138m² and is set on a land area of 462m² with an easy/moderate fall contour. Notably, the capital value has seen a rapid increase of 47.06% from $1,360,000 in 2017 to $2,000,000 as of June 2021. The HouGarden AVM estimates the property's worth at $1,827,500, making it an attractive investment.
With a history of being a beloved family home for over 40 years, the villa is located in a prime position with convenient access to motorways, trains, and buses. It's also close to Eden Park and Kingsland's vibrant village, with Western Springs, MOTAT, the Zoo, and St Lukes Mall within easy reach. The property falls within the catchment of several top schools, including Auckland Girls' Grammar and Mt Albert Grammar, both highly-rated secondary schools.
For families with school-aged children, the area offers a selection of schools with varying deciles, ensuring a quality education is close at hand. This property is not just a home; it's an opportunity to join a sought-after community and enjoy the benefits of a rapidly appreciating asset. Don't miss the chance to make this villa your own before it's gone!
Updated on December 15, 2024