Nestled atop Arch Hill in the prime Grey Lynn location, this 1930's gem with a mysterious black facade presents a unique sanctuary that has been loved by its owner for over 20 years. This residential ownership home unit boasts 2 bedrooms, 1 bathroom, and an 80sqm floor area, all set on a level contour with an iron roof in good condition and concrete walls in average condition. As a cross-lease property, it offers the perfect blend of value and position, with easy access to the vibrant life of Grey Lynn, Kingsland, Ponsonby, and Karangahape Road. The property's capital value has seen a significant increase of 24.53% from $1,060,000 in 2017 to $1,320,000 as of June 2021, while the HouGarden AVM estimates it at $1,230,000. The latest sales history shows a progression from $210,000 in 1994 to $242,000 in 2001. For families, the property falls within the decile 8 Pasadena Intermediate and Western Springs College zones, and is also close to Newton Central School, Kowhai Intermediate, and Auckland Girls' Grammar School, offering a range of educational options.
Inside, the space is adorned with authentic art deco accents and a rustic brick fireplace, creating a cozy ambiance reminiscent of an old-world whiskey bar. Functionality harmonizes with charm, thanks to the generous bedrooms, work-from-home space, and ample storage. The west-facing courtyard, enveloped in lush greenery, provides a serene retreat or a delightful space for entertaining. With two off-street car parks, seamless public transportation access, and motorway connections, this property is not just a home but a complete package that seals the deal.
Whether you choose to move in and enjoy its current splendor or add your personal touch, this home offers both ease and opportunity, making it a deal that's hard to pass up.
Updated on May 09, 2024