Nestled in the tranquil cul-de-sac of 7 Springside Place, New Lynn, Auckland, this charming freehold property boasts a capital value that has seen a growth of 37.64% since 2017. Constructed in 1958 with mixed materials and an iron roof, both in good condition, this residence offers 3 bedrooms, 1 bathroom, and a carport, spread across a floor area of 85sqm on a generous 728sqm section. The property's contour allows for easy and moderate fall, adding to its appeal. The latest sale history includes transactions in 2014 and 2003, with the current HouGarden AVM estimating the property's worth at $1,175,000. This home is not just about the numbers; it's about the lifestyle it offers, being in the Mixed Housing Urban Zone, with potential for future development.
When it comes to the government's valuation, the property's capital value has risen from $890,000 in 2017 to the current $1,225,000 as of June 2021. This steady increase is a testament to the property's appeal and investment potential. The recent HouGarden AVM provides a current market estimate, while the history of sales shows a consistent rise in value.
For families with children, the property falls within the decile 5 Arahoe School and Blockhouse Bay Intermediate, and the highly regarded decile 8 Green Bay High School. This ensures access to quality education within the area. The combination of a peaceful location, a well-maintained home, and a sought-after school zone makes this property an attractive option for any buyer.
Updated on October 22, 2024