3c/39 Mackelvie Street, Grey Lynn, Auckland

Nestled in the vibrant Grey Lynn, this 1-bedroom, 1-bathroom apartment with a floor area of 45 square meters boasts an iron roof and concrete walls, both in good condition. It is governed by a Unit Title and was built in 2009. The property is located in a quiet cul-de-sac at 3c/39 Mackelvie Street, providing a serene living environment with stunning views of Ponsonby and the Waitakere Ranges. It includes a rare advantage of two covered carparks, adding to its practical appeal. The capital value has seen a growth of 3.08% from $650,000 in 2017 to $670,000 as of June 2021. The HouGarden AVM estimates the property at $612,500, while the latest sales were recorded at $620,000 in 2020 and $365,000 in 2013.

With a CV increase that outpaces the market average, this property is not just a home but a sound investment. The government’s valuation history and the recent sales reflect a consistent rise in the property’s worth, making it an attractive opportunity for investors and homeowners alike.

For families with school-aged children, the property falls within the zones of several high-performing schools. Pasadena Intermediate and Western Springs College both have a decile rating of 8, while Newton Central School and Kowhai Intermediate School are rated at 7 and 3 respectively. Auckland Girls' Grammar School also serves the area, providing a range of educational options for residents.

Updated on December 13, 2024