Nestled in the serene Grey Lynn, this 1924 bungalow at 23 Cockburn Street presents a rare freehold opportunity on a 490m² land. The home boasts 3 bedrooms, 1 bathroom, and a single carpark, with a floor area of 91m². Constructed with wooden walls and tiled roof, both in fair condition, this property is set on an easy-to-moderate rise contour. The CV has seen a remarkable increase from $1,850,000 in 2017 to $2,625,000 as of June 2021, reflecting a growth of 41.89%. The HouGarden AVM estimates the property at $2,445,000, making it an attractive prospect for investors and homeowners alike.
With a rich educational backdrop, the property falls within the decile 8 Western Springs College and Richmond Road School zones, and the decile 9 Ponsonby Intermediate, as well as Auckland Girls' Grammar School. This addresses the importance of quality education for families.
Located in a prime position, just a short stroll from Auckland's iconic Ponsonby Rd and minutes away from parks and amenities, this property offers both convenience and potential for further capital gains. Whether you're a developer seeking a profitable flip or a homeowner with a vision for a personalized renovation, this property's potential is immense.
Updated on June 14, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.14 km | 4 | 3 | 155m2 | 2024 11 24 | $2,475,000 | Council approved | |
 | 0.18 km | 2 | 1 | -m2 | 2024 10 16 | - | Council approved | |
 | 0.26 km | 3 | 1 | 138m2 | 2024 10 14 | $1,030,000 | Council approved | |
 | 0.19 km | 3 | 135m2 | 2024 10 10 | $2,300,000 | Council approved | ||
 | 0.32 km | 5 | 260m2 | 2024 07 04 | $4,689,000 | Council approved |