23 Cockburn Street, Grey Lynn, Auckland

Nestled in the serene Grey Lynn, this 1924 bungalow at 23 Cockburn Street presents a rare freehold opportunity on a 490m² land. The home boasts 3 bedrooms, 1 bathroom, and a single carpark, with a floor area of 91m². Constructed with wooden walls and tiled roof, both in fair condition, this property is set on an easy-to-moderate rise contour. The CV has seen a remarkable increase from $1,850,000 in 2017 to $2,625,000 as of June 2021, reflecting a growth of 41.89%. The HouGarden AVM estimates the property at $2,445,000, making it an attractive prospect for investors and homeowners alike.

With a rich educational backdrop, the property falls within the decile 8 Western Springs College and Richmond Road School zones, and the decile 9 Ponsonby Intermediate, as well as Auckland Girls' Grammar School. This addresses the importance of quality education for families.

Located in a prime position, just a short stroll from Auckland's iconic Ponsonby Rd and minutes away from parks and amenities, this property offers both convenience and potential for further capital gains. Whether you're a developer seeking a profitable flip or a homeowner with a vision for a personalized renovation, this property's potential is immense.

Updated on June 14, 2024