Nestled on one of Auckland's most esteemed streets, 40 London Street presents a stunning 3-bedroom, freehold property with a rich history dating back to 1900. Constructed with wood walls and tiled roofing, this residence boasts a floor area of 251sqm and is set on a generous 341sqm section with an easy/moderate rise contour. The property features good wall and roof conditions, along with 2 car parks and a serene north-facing courtyard, ideal for city-life retreats. The government's capital value has seen a remarkable increase from $3,025,000 in 2017 to $4,400,000 as of 2021, reflecting a growth rate of 45.45%. HouGarden's AVM estimates the property at $4,362,500, while the latest sales were recorded at $3,500,000 in 2023 and $3,000,000 in 2017.
Educationally, the property falls within the zones of highly regarded schools. Ponsonby Primary School boasts a decile rating of 10, Ponsonby Intermediate at 9, Western Springs College at 8, and Auckland Girls' Grammar School at 3. This addresses a family's concern for quality education within the community.
With its prime location, panoramic views, and potential for further enhancement, this property is not to be missed. Auction-bound, it's a chance to own a piece of Auckland's history in the coveted Saint Marys Bay.
Updated on November 15, 2024