20 Wingate Street, Avondale, Auckland

Nestled at 20 Wingate Street, Avondale, Auckland, this residential dwelling on a freehold title boasts 4 bedrooms, 1 bathroom, and a generous floor area of 142 square meters. Constructed in 1940 with stone walls and tiled roof, the property presents an average condition both in walls and roof. The levelled land of 607 square meters is zoned for Terrace Housing and Apartment Buildings, offering potential for developers. The capital value has seen a significant increase from $870,000 in 2017 to $1,175,000 as of 2021, reflecting a growth of 35.1%. The property's HouGarden AVM is set at $1,092,500, with a notable sale history from $265,000 in 1996 to $338,000 in 2005.

With a CV increase that outpaces the market, this property is not just a home but a sound investment. The location is further enhanced by the highly sought-after school zones, including Avondale College (decile 4), Avondale Intermediate (decile 2), and Avondale Primary School (decile 3). The auction is set for May 2024 with a reserve price of $995,000, presenting a golden opportunity for land-bankers, developers, and those seeking a quality family home in a prime school district.

Occupying a prime position with unobstructed northern views over Wingate Reserve and Avondale Racecourse, this property is perfect for pets, kids, and grandparents alike. The existing bungalow features a study, two living areas, a double garage, and a paved entertainment area. Fully fenced and ready for occupation, this property is a must-see for the discerning buyer.

Updated on May 24, 2024