61 Ardmore Road, Ponsonby, Auckland

Nestled at 61 Ardmore Road, Ponsonby, Auckland, this freehold property is a charming residential dwelling built in 1910, featuring 4 bedrooms, 2 carparks, and a floor area of 189 square meters on a levelled 416 square meter plot. The exterior boasts wood walls in good condition and an iron roof, equally well-maintained. The property has seen a significant Capital Value (CV) increase of 43.10%, from $2,900,000 in 2017 to $4,150,000 as of June 2021. The latest sales were recorded at $4,400,000 in August 2022 and $3,406,000 in March 2020, with the HouGarden AVM estimating the property's value at $3,862,500.

With a CV growth indicating a sound investment, this property is further enhanced by its location within the decile 8 Western Springs College zone, the decile 9 Ponsonby Intermediate, and the decile 3 Auckland Girls' Grammar School, making it an ideal choice for families with educational priorities.

Not only is this an investor's dream with its impressive CV growth and sought-after school zones, but it also offers a perfect turn-key opportunity. The meticulously renovated villa merges traditional allure with contemporary luxury, featuring a grand foyer, rich timber floors, a chef-inspired kitchen, and a dramatic cathedral ceiling that bathes the living space in natural light. The exterior is equally inviting with a louvre-covered deck, an open portion for al fresco dining, and a serene garden with a sub-tropical touch, complete with a garden studio for work or leisure.

Updated on May 24, 2024