Nestled on the esteemed Franklin Road, this versatile urban sanctuary boasts a classic three-to-four bedroom main residence complemented by a fully self-contained one-bedroom garden studio. Constructed in 1900 with wood walls and an iron roof, this freehold property sits on a 404sqm section with a floor area of 143sqm. The property features an average wall and roof condition, and its contour is an easy to moderate rise. Here, one can enjoy the serene atmosphere of a quiet cul-de-sac while being just minutes away from the vibrant Ponsonby Road and Wynyard Quarter.
As for the financials, the property has seen a significant Capital Value increase of 63.89% from $1,800,000 in 2017 to $2,950,000 as of June 2021. The HouGarden AVM estimates the property’s value at $2,925,000, while the latest sale in 2012 was for $1,120,000. This trend highlights the property’s investment potential.
For families with school-aged children, the property falls within the zones of Western Springs College (Decile 8), Ponsonby Intermediate (Decile 9), Freemans Bay School (Decile 6), and Auckland Girls' Grammar School (Decile 3), ensuring access to quality education.
Updated on November 15, 2024