15 Grattan Place, Freemans Bay, Auckland

Located at 15 Grattan Place, Freemans Bay, Auckland - City, this iconic 1970s end of terrace home offers a unique city fringe living experience. With 2 bedrooms, a spacious floor area of 201m² on a 210m² land parcel, this property is defined by its Cross-Lease ownership type. The brick walls and tile roof, which are in average and good condition respectively, encapsulate the dwelling's character. The property's level contour complements its 1978 construction, providing a blend of historical charm and modern convenience.

From a financial perspective, the property has seen a significant increase in capital value, growing from $2,150,000 in July 2017 to $2,800,000 in June 2021, marking a 30.23% rise. The latest HouGarden AVM estimates the property's value at $2,755,000. Historical sales data reveals a steady appreciation, with sales at $661,000 in February 2003 and $1,300,000 in October 2008. This trajectory underscores the property's solid investment potential and its appeal in the market.

The property is situated within excellent school zones, enhancing its attractiveness for families. It falls under the catchment areas for Western Springs College (Decile 8), Ponsonby Intermediate (Decile 9), Freemans Bay School (Decile 6), and Auckland Girls' Grammar School (Decile 3). These schools' high deciles reflect the quality of education available to residents, making this property a coveted location for those prioritizing academic excellence.

Updated on April 02, 2024.