Nestled on Sackville Street in the vibrant Grey Lynn, this charming 1900s bungalow boasts 2 bedrooms, 1 bathroom, and a versatile study or small guest room. The property, with a floor area of 88 square meters, is set on a level contour and features fair-conditioned wooden walls and iron roofing. It is governed by a Cross-Lease ownership type. Notably, the capital value has seen a significant increase from $1,360,000 in 2017 to $1,550,000 as of June 2021, marking a growth of 13.97%. The HouGarden AVM estimates the property at $1,485,000, while the latest sales history includes transactions at $890,000 in 2014 and $746,000 in 2013. This residence is equipped with modern amenities such as heat pumps and offers a tranquil backyard with a banana tree and a quaint garden shed.
As for the government valuations, the property has been on an upward trend, reflecting a promising investment opportunity. The location is further enhanced by its proximity to Western Springs College (Decile 8), Ponsonby Intermediate (Decile 9), Auckland Girls' Grammar School (Decile 3), and Richmond Road School (Decile 8), all within the esteemed school zones. This address enjoys the convenience of inner-city village life, with the West Lynn village, Countdown, and Farro all within walking distance, and easy access to main arterial routes.
Part of the attraction includes being in the catchment area for well-regarded educational institutions, ensuring a quality education for the family. This Grey Lynn classic, with its floods-free guarantee, polished wooden floors, and high ceilings, is indeed the start of something special.
Updated on April 18, 2024