Located at 8 Wallingford Street, Grey Lynn, Auckland - City, this freehold property offers a unique blend of character and potential. Built in the 1930s, the dwelling features wooden walls and an iron roof, both in average condition. It encompasses 3 bedrooms, spans a floor area of 136m², and sits on a steeply falling 526m² section. Despite its age, the property holds a charm that is hard to find, especially in such a sought-after location.
Over the years, the capital value of this property has seen a significant increase, from $1,850,000 in July 2017 to $2,925,000 in June 2021, marking a 58.1% growth. The latest HouGarden AVM estimates its value at $2,877,500. Historically, the property was last sold twice on July 2000 for $340,000. This remarkable growth in value is a testament to the property's desirability and the overall market trends in Grey Lynn.
The property is zoned for several high-decile schools, including Western Springs College and Richmond Road School (both decile 8), Ponsonby Intermediate (decile 9), and Auckland Girls' Grammar School (decile 3). This makes it an ideal choice for families looking for quality education options. The location offers easy access to parks, playgrounds, public transport, and the vibrant amenities of Cox's Bay, Grey Lynn, and Ponsonby.
Updated on March 21, 2024.