7 Sussex Street, Grey Lynn, Auckland

Located at 7 Sussex Street, Grey Lynn, Auckland - City, this residential dwelling is a gem in a coveted city-fringe location. With 2 bedrooms, 1 bathroom, and 1 carpark, this property spans a floor area of 61 square meters on a generous land area of 328 square meters. The freehold property boasts a wooden wall construction and iron roof, both in average condition, dating back to 1960. Set on a level contour, it offers a warm, welcoming, and well-presented ambiance with native polished wood floors, a lovely kitchen and bathroom, and an abundance of sun and natural light. The property also features exceptional off-street parking and wonderful indoor and outdoor living spaces, making it perfect for relaxation or entertainment.

From a financial perspective, the capital value of this property has seen a significant increase, from $1,400,000 on July 1, 2017, to $2,100,000 on June 1, 2021, marking a 50% growth. The latest HouGarden AVM estimates its value at $1,628,500. Its sale history reveals a purchase for $1,420,000 on August 29, 2018, following a much earlier sale for $77,000 on June 14, 1995, showcasing its substantial value appreciation over the years.

The property is zoned for several reputable schools, including Pasadena Intermediate, Western Springs College, Newton Central School, Kowhai Intermediate School, and Auckland Girls' Grammar School, with decile ratings ranging from 3 to 8. This ensures access to quality education, making it an ideal choice for families.

Updated on March 22, 2024.