Nestled on a prime 912m2 lot in the heart of Sandringham, Auckland, this 1920s Arts & Crafts classic presents a rare freehold opportunity. The charming residence boasts 4 bedrooms, including a sunroom, and is complemented by a single carpark and a floor area of 151 square meters. With an Iron roof and well-maintained wooden exterior walls, this home exudes potential. The property's Capital Value has skyrocketed by 57.5% from $2,000,000 in 2017 to $3,150,000 as of June 2021, while the HouGarden AVM estimates it at $2,930,000. This legal home and income is zoned for esteemed institutions such as Mt Albert Grammar School (Decile 7) and Balmoral School (Decile 9), ensuring top-notch education for the family.
History and promise intertwine in this property, which has been loved for nearly 35 years. The grand foyer opens to a formal living area with a fireplace and beamed ceilings, flowing into a cozy kitchen, dining, and family space that leads to a romantic rear veranda. The garden flat adds a touch of elegance to the property, making it an ideal choice for those planning long-term residency or for investors eyeing the Mixed Housing Urban zone's strong track record of new builds. This is a truly exciting opportunity in a centrally located, tightly held neighborhood.
Additionally, the property falls within the Auckland Girls' Grammar School zone, a Secondary institution with a Decile rating of 3. The best time to buy this piece of history with immense growth potential is now.
Updated on May 17, 2024