10 Gilbert Avenue, Grey Lynn, Auckland

Nestled on a prime 440m2 freehold section in the sought-after Grey Lynn, this 1930's charmer boasts 3 bedrooms, 1 bathroom, and a single carpark, all within a floor area of 119m2. The Roughcast exterior and Iron roof contribute to the home's timeless appeal, while the fair condition of both walls and roof suggest a solid foundation for future development. Zoned for Mixed Housing Urban (MHU), this property presents a golden opportunity for investors and developers, with the current Capital Value (CV) of $2,000,000 reflecting a 49.25% increase since 2017. The latest sale in the quiet cul-de-sac was for $1,525,000, with HouGarden AVM valuing the property at $1,558,500.

For families, the property falls within the decile 8 Pasadena Intermediate and Western Springs College zones, and the highly-rated decile 9 Grey Lynn School, ensuring top-notch education for children of all ages. Auckland Girls' Grammar School is also within reach, offering a diverse range of educational opportunities. This property is not just a home; it's an investment in a lifestyle, conveniently located near West Lynn Village's vibrant cafes and the serene Western Springs Park.

With potential to reconfigure into a 4 bedroom, 1 living space home, and a fully fenced backyard ideal for children and pets, this property is a must-see. Don't miss out on this Grey Lynn gem, where the possibilities are truly endless.

Updated on October 21, 2024