54 Lincoln Street, Ponsonby, Auckland

Nestled in the heart of the desirable Ponsonby neighborhood, this charming freehold property at 54 Lincoln Street boasts 3 bedrooms, 1 bathroom, and a spacious open plan kitchen and living area. Constructed in 1900 with wood walls and an iron roof, both in good condition, the home sits on a level contour with a floor area of 99sqm and a land area of 319sqm. The property's capital value has seen a significant increase from $1,700,000 in 2017 to $2,575,000 as of 2021, reflecting a growth of 51.47%. The HouGarden AVM estimates the property's value at $2,470,000, while the latest sale in February 2024 was for $1,850,000. This home is perfect for those seeking a slice of Ponsonby life, with its picket fence and covered verandah, and is located in a prime school zone, including Western Springs College, Richmond Road School, Ponsonby Intermediate, and Auckland Girls' Grammar School, all reputable institutions with high decile ratings.

With a private garden ideal for barbeques and summer entertaining, the residence is just a short stroll from the vibrant Ponsonby Rd, known for its award-winning restaurants, cafes, and boutiques. This property offers a comfortable living space while holding potential for further enhancement, presenting a rare opportunity to own a piece of Ponsonby's heritage.

For families with school-aged children, the property falls within the catchment area of well-regarded schools. Western Springs College and Richmond Road School both have a decile rating of 8, Ponsonby Intermediate is rated 9, and Auckland Girls' Grammar School, a secondary school, is rated 3. This combination of location, potential, and educational opportunities makes this property an attractive prospect for both investors and families.

Updated on April 10, 2024