Nestled at the end of a serene cul-de-sac on 8 Ngapawa Street, Sandringham, Auckland, stands a charming residential dwelling from 1915. This freehold property boasts 3 bedrooms, a single carpark, and a floor area of 110 square meters on a spacious 612 square meter section. The exterior walls, constructed of wood, and the iron roof are both in average condition, reflecting the property's rich history. The capital value has seen a remarkable increase from $1,575,000 in 2017 to $2,450,000 as of June 2021, showcasing a growth rate of 55.56%. The property's contour is level, providing a perfect foundation for potential renovations.
With a HouGarden AVM of $2,347,500, this property has a compelling recent sales history. The current government valuation, however, should be overlooked as this home is seriously on the market. The location is further enhanced by the excellent school zones, including the Mt Albert Grammar School with a decile rating of 7, Edendale School at a decile 6, Balmoral School in Zone B for years 7-8 with a decile 9, and the Auckland Girls' Grammar School with a decile 3, making it an ideal choice for families.
Here is an opportunity to own a piece of history with immense potential for improvement. The auction has been brought forward to Monday, 15 April at 2pm, presenting a chance to secure this unique bungalow-villa that combines the elegance of a bygone era with the convenience of modern living.
Updated on April 19, 2024