Nestled in the esteemed Firth Road of Grey Lynn, Auckland, this charming 3-bedroom, 2-bathroom property with a single carpark offers a serene escape on a level 429sqm section. Constructed in 1915 with wood walls and an iron roof, this freehold property is a perfect blend of vintage allure and modern convenience. The current capital value of $2,525,000 reflects a significant increase of 46.38% from the 2017 valuation of $1,725,000. The property, with a floor area of 100sqm, presents a versatile layout, currently configured as two flats, providing a stable rental income for the owners. The HouGarden AVM estimates the property's worth at $2,502,500, closely aligning with the latest sale price of $1,741,000 in 2024 and a historical sale of $1,020,000 in 2013.
For families with school-aged children, the property falls within the zones of highly regarded schools such as Grey Lynn School with a decile rating of 9, Western Springs College at decile 8, and Auckland Girls' Grammar School at decile 3. The location ensures access to quality education and a thriving community.
With its prime location, potential for further development, and strong capital value growth, this property is not just a home but a sound investment opportunity.
Updated on November 20, 2024