11 Newell Street, Point Chevalier, Auckland

Located at 11 Newell Street, Point Chevalier, Auckland - City, this freehold property offers a blend of charm and functionality with its 3 bedrooms, 3 car parks, and a floor area of 185m² on a 600m² land parcel. Constructed in 1930, the dwelling features wooden walls in average condition and tile roofing also in average state, encapsulating the essence of its era. The property's contour presents an easy/moderate fall, making it a unique find in the residential category.

From a financial perspective, the property has seen a significant appreciation, with its capital value increasing from $1,675,000 in July 2017 to $2,600,000 by June 2021, marking a 55.22% growth. The latest HouGarden AVM estimates its value at $2,078,500. Historical sales data reveals a journey of value, with transactions recorded at $176,000 in October 1995 and $725,000 in February 2007, highlighting the property's robust capital value growth over the years.

School zoning is a key feature, with the property falling within the zones for Pt Chevalier School (decile 10), Pasadena Intermediate (decile 8), and Western Springs College (decile 8), offering excellent educational opportunities. The blend of historical charm, financial growth, and educational accessibility makes this property a compelling choice for families.

Updated on April 04, 2024.