Nestled in the heart of New Lynn, this charming 3-bedroom, 1-bathroom residence with 2 car parks is set on a freehold section of approximately 406m². Constructed in the 1950s with wood walls and an iron roof, both in good condition, this property offers an inviting lifestyle in a desirable neighborhood. The capital value has seen a substantial increase of 24% from $750,000 in July 2017 to $930,000 as of June 2021. The house, with a floor area of 93m², is positioned on a section with an easy to moderate fall, providing potential for outdoor living and future development, subject to council approval.
With a HouGarden AVM of $892,500 and a history of sales, including $590,000 in October 2014 and $690,000 in June 2013, this property presents an attractive opportunity for investors and first-time buyers. The government's capital value growth indicates a promising investment in a thriving suburb.
For families, the property falls within the zones of several reputable schools, including Kelston Intermediate (Decile 2), Kelston Boys' High School (Decile 3), Kelston Girls' College (Decile 2), and Fruitvale Road School (Decile 4), ensuring access to quality education.
Updated on November 01, 2024