Nestled in the serene cul-de-sac of Farrar Street, Grey Lynn, this charming freehold property boasts 4 bedrooms and a spacious floor area of 155 square meters on a generous land of 490 square meters. Constructed in 1924 with wood walls and an iron roof, it presents an average wall condition and a fair roof condition, suitable for those seeking a piece of history with a modern twist. The property enjoys an easy/moderate fall contour, enhancing its appeal with stunning elevated and unobstructed views of Grey Lynn sunsets.
With a government valuation (CV) of $2,800,000 as of June 2021, this property has seen a significant increase of 40% from its $2,000,000 valuation in July 2017. The HouGarden AVM estimates the property's value at $2,775,000, while the latest sale history includes transactions at $2,160,000 in April 2019 and $680,000 in July 2008. The property's capital value growth is a testament to its investment potential.
For families with children, the property falls within the catchment area of several top-rated schools. Western Springs College, Richmond Road School, Ponsonby Intermediate, and Auckland Girls' Grammar School are all within easy reach, offering a diverse range of educational opportunities. This property not only promises a comfortable family life but also ensures access to quality education.
Updated on November 25, 2024