Nestled in the serene environment of 4 Miranda Street, Avondale, Auckland, this charming 1950s bungalow boasts a practical layout with 3 bedrooms and a consented one-bedroom flat. The 172sqm floor area is complemented by a spacious 731sqm section, all within a Freehold title. The property features wood exterior walls and a tile roof, both in fair to average condition. Notably, the Capital Value (CV) has seen a rapid increase of 29.03%, jumping from $930,000 in 2017 to $1,200,000 as of June 2021. The HouGarden AVM estimates the property at $1,150,000, while the latest sales history shows a progression from $345,000 in 2004 to $412,000 in 2010, indicating a promising investment opportunity. This property falls within the Mixed Housing Suburban zone, offering potential for renovation, development, or subdivision. It is served by the Avondale College (Decile 4) and Glenavon School (Decile 1), making it an ideal choice for families.
With its convenient proximity to Lynn Mall, Lynfield, and Blockhouse Bay shopping centres, this home presents a versatile option for savvy homebuyers and investors. Whether you seek a comfortable family home, additional income from rental, or a development project, this property holds vast potential. The seller, after 14 years, is relocating, presenting you with the chance to embrace the possibilities and secure your future in this prime location.
Enjoy the benefits of a quiet cul-de-sac lifestyle, with the added advantage of being in a sought-after school zone. The property caters to a variety of buyers, from first-time homeowners to investors and developers looking to capitalize on the increasing CV and the potential this prime location offers.
Updated on April 22, 2024