2/202 Richmond Road, Grey Lynn, Auckland

Nestled in the vibrant heart of Grey Lynn, this meticulously maintained townhouse at 2/202 Richmond Road boasts a convenient lifestyle with a wealth of potential. Constructed in 1997 with roughcast walls and an iron roof, the property offers 3 bedrooms, a family bathroom, and a single carpark. The 135sqm floor area is complemented by a north-facing living space that bathes in sunlight, creating a warm ambiance for relaxation or entertaining. The property sits on a cross-lease title and is subject to a capital value increase of 28.57% over the last 4 years, from $1,575,000 to $2,025,000. The latest sale history showcases a transaction at $2,300,000 in 2024, with a HouGarden AVM estimate of $2,010,000.

With a CV of $2,025,000 as of June 2021, this property is not only an attractive investment but also boasts a desirable school zone. Western Springs College and Richmond Road School, both with a decile rating of 8, are within easy reach, while Ponsonby Intermediate and Auckland Girls' Grammar School, rated 9 and 3 respectively, offer additional educational options. The property's recent sale history and increasing CV reflect the area's growing popularity and investment potential.

Embrace the convenience of living in a prime location, with amenities like Ponsonby Rd, West Lynn, Countdown, and Farro nearby, and the renowned Ripe Deli just a short stroll away. Whether you seek a comfortable family home or a sound investment, this property presents an opportunity not to be missed.

Updated on November 20, 2024