Nestled at 16 Maple Street, Avondale, Auckland, this residential property on vacant land is perfect for multiple housing. It boasts a freehold title, with a floor area of 85 sqm and a land area of 622 sqm. Constructed in 1964, the house features wood walls and an iron roof in average condition. The 3-bedroom and 1-bathroom house with separate toilet is a solid investment, with a capital value increasing from $790,000 in 2017 to $1,300,000 as of June 2021, a growth of 64.56%. The HouGarden AVM estimates it at $1,210,000, while the latest sale was in 1986 for $72,000. It's zoned for Rosebank School (Decile 2), Avondale Intermediate (Decile 2), and Avondale College (Decile 4). Bus stops are in the street, and the train station is an 8-minute drive away. This property is a gem for DIYers and first-home buyers, with a secret Kiwiana garden and potential for more!
History shows a consistent rise in the property's capital value, reflecting a sound investment in a rapidly appreciating area. The property's AVM and the latest sale price indicate a significant increase in value over the years, making it an attractive prospect for buyers.
For families with children, the school zone is a significant plus. The property is within the catchment area of well-regarded schools, including Rosebank School, Avondale Intermediate, and Avondale College, all known for their quality education.
Updated on June 05, 2024