4 Bamford Place, Avondale, Auckland

Nestled in the serene Bamford Place, a quiet cul-de-sac in Avondale, Auckland, this freehold property on a level 645m2 land area presents an exquisite opportunity. Constructed in 1957 with brick walls and tiled roof, the 110m2 floor area home boasts 3 bedrooms and is a prime example of a classic Kiwi residence. The property's government valuation has seen a remarkable increase from $800,000 in 2017 to $1,350,000 as of June 2021, reflecting a growth rate of 68.75%. The latest sale in 2019 was for $756,000, while the HouGarden AVM estimates the property at $1,255,000.

For families, the property falls within the zones of Rosebank School, Avondale Intermediate, and the highly regarded Avondale College, all of which are rated decile 2 and 4 respectively. This indicates a strong educational catchment area for children of all ages. The property's potential is further enhanced by its location in the Terrace Housing and Apartment Buildings Zone, making it an attractive prospect for developers and investors.

With its charming street appeal and potential for further development, this property is not just a home but a sound investment. Whether you're a homebuyer looking for a move-in ready property, an investor seeking high tenant demand and low maintenance, or a developer with an eye for prime redevelopment opportunities, this brick and tile beauty is a must-consider.

Updated on May 17, 2024