Nestled in the prestigious Grey Lynn neighborhood, this 4-bedroom, 1-bathroom villa on 8 Wellpark Avenue is a charming freehold property, built in 1910 with wood walls and iron roofing. It offers a floor area of 113sqm on a levelled land of 374sqm. The property has seen a significant increase in Capital Value (CV), rising from $1,500,000 in 2017 to $2,675,000 as of June 2021, indicating a growth of 78.33%. The latest sale was recorded in 2015 for $1,500,000, with an earlier sale in 1992 for $110,000. HouGarden AVM estimates the property's value at $2,610,000. The home is situated in a desirable school zone, with Pasadena Intermediate and Westmere School both rated decile 8 and 10 respectively, while Western Springs College is a secondary school with a decile rating of 8.
Boasting a serene environment in a quiet cul-de-sac, this residence is perfect for families, professionals, and retirees. It features an open-plan living area with a gas fireplace, a kitchen with a breakfast island, and access to a sun-kissed deck and a fenced garden. The property also enjoys the convenience of ducted central heating, generous attic storage, and secure off-street parking. Its location is second to none, with easy access to local amenities, parks, and the vibrant Grey Lynn community.
Education is a cornerstone of this property's appeal, with its placement in a top-rated school zone. The nearby schools offer an excellent standard of education and are a significant draw for families. The combination of a prime location, strong CV growth, and access to quality education makes this property an opportunity not to be missed in the sought-after West Lynn area.
Updated on August 27, 2024