59 John Street, Ponsonby, Auckland

Nestled at 59 John Street, Ponsonby, Auckland, this freehold property is a charming 1915-built villa. It boasts 4 spacious bedrooms, a single bathroom, and an open-plan living and kitchen area facing the west, with a floor area of 105 square meters on a land of 303 square meters. The property features a fair condition wood exterior and iron roof, with a carpark and a basement offering potential for further development. The capital value has seen a significant increase from $1,625,000 in 2017 to $2,550,000 as of June 2021, a growth of 56.92%. The HouGarden AVM estimates the property at $2,372,500, making it an attractive investment in a sought-after cul-de-sac.

With a property contour that offers easy to moderate rise, it enjoys unobstructed views of the Waitakere Ranges and stunning sunsets. The property is surrounded by top-rated schools, including Western Springs College (Decile 8), Ponsonby Primary School (Decile 10), Ponsonby Intermediate (Decile 9), and Auckland Girls' Grammar School (Decile 3), ensuring a quality education within the zone.

Arguably Ponsonby's most desired do-up opportunity, this property is presented to the market for the first time in 41 years. It's a blank canvas with immense potential, ready for a new owner to unlock its full potential. With clear vendor instructions, this is a rare chance to transform this Ponsonby gem into a cherished family home.

Updated on May 31, 2024