50 Finch Street, Morningside, Auckland

Nestled in the heart of Morningside, Auckland, this charming and timeless timber bungalow on 50 Finch Street offers a blend of everyday ease and investment opportunity. The 3-bedroom, 1-bathroom residence, built in 1920, sits on a well-maintained section with a good condition wooden exterior and iron roof. It boasts a cross-lease title and a floor area of 100sqm, complemented by a property contour that allows for easy and moderate fall. The capital value has seen a significant increase from $1,100,000 in 2017 to $1,525,000 as of June 2021, reflecting a growth rate of 38.6%. The latest sale history includes transactions in 2020 for $1,460,000 and in 2006 for $510,000, while the HouGarden AVM estimates the property at $1,422,500.

For families, the property falls within a highly sought-after school zone, including Pasadena Intermediate and Western Springs College, both with a decile rating of 8. Other schools in the area include Mt Albert School, Mt Albert Grammar School, Kowhai Intermediate School, and Auckland Girls' Grammar School, catering to diverse educational needs. The property's outdoor living spaces, complete with a fenced lawn and wraparound decking with a spa, promise leisurely entertainment and alfresco gatherings. Inside, the open-plan kitchen, lounge, and dining zone, along with the neutral palette and functional design, provide a cozy ambiance with potential for modern updates.

Centrally heated and cooled with an additional heat pump, this home ensures comfort throughout the year. Its location near Kingsland's vibrant cafes and the stylish streets of Grey Lynn and Ponsonby offers access to the city's best dining and shopping, with convenient connections to the CBD via motorways, bus routes, and the Morningside train station. This property is an attractive prospect for first or second-time homebuyers, downsizers, or creative renovators looking to add value.

Updated on June 06, 2024