Located at 22 Wainui Avenue, Point Chevalier, Auckland - City, this residential dwelling is a testament to classic architecture and modern living. Built in 1940, the property features wood wall construction with an average condition rating and tile roofing also rated as average. The level contour of the land spans 1011m2, providing ample outdoor space. The house itself covers a floor area of 168m2, comprising 4 bedrooms, a spacious living area, and parking facilities for up to 5 cars including a double garage and a double carport. Ownership is freehold, ensuring complete control over this prime piece of real estate.
Financially, the property has seen significant growth, with the capital value increasing from $2,200,000 in 2017 to $3,500,000 in 2021, marking a 59.09% increase. The latest HouGarden AVM estimates the value at $3,440,000. This property last changed hands in 1997 for $487,000, highlighting its substantial appreciation over the years. Such figures underscore the property's excellent investment potential and its appeal in the current market.
Education is a cornerstone of this property's appeal, situated within the zones of highly regarded schools: Pt Chevalier School (decile 10), Pasadena Intermediate (decile 8), and Western Springs College (decile 8). These institutions provide top-tier education options for families, making this property not just a home but a gateway to future opportunities.
Updated on March 22, 2024.