3o/80 Richmond Road, Grey Lynn, Auckland

Nestled in the heart of Grey Lynn, Auckland, this modern one-bedroom apartment at 3o/80 Richmond Road boasts a convenient lifestyle. Constructed in 2001 with concrete walls and an iron roof, the property is in average condition both inside and out. It offers a floor area of 45 square meters, and comes with a carpark, making it an ideal urban abode. The apartment features a sunny living area that leads into a modern kitchen, and the double bedroom comes with a large wardrobe. It's located in a unit title complex, in a quiet cul-de-sac, and is within walking distance to the vibrant Ponsonby dining and shopping scene. Public transport and motorway access are effortlessly convenient, and Auckland Hospital, as well as the city center, are within easy reach.

From a property investment perspective, the capital value has shown a growth of 14.55% from $550,000 in 2017 to $630,000 as of June 2021. The HouGarden AVM estimates the property's value at $602,500. The latest sale was recorded at $557,500 in August 2024, a significant increase from the $223,500 sale price in 2001. This indicates a promising investment opportunity with a steady rise in property value.

For families with children, the property falls within the decile 8 Western Springs College and Richmond Road School zones, and the decile 9 Ponsonby Intermediate is also nearby. Auckland Girls' Grammar School, a decile 3 secondary school, is another educational option in the area. These schools offer a comprehensive education for children of all ages.

Updated on October 23, 2024