2 Gibraltar Crescent, Parnell, Auckland

Nestled in the esteemed Parnell neighbourhood, 2 Gibraltar Crescent stands as a testament to elegant living on a freehold title. This 3-bedroom, 1-carpark home boasts a floor area of 163 square metres and is set on a generous 202 square metre section. Constructed in 1900 with mixed materials for the walls and iron for the roof, it showcases an average condition that belies its modern, minimalist interior, thanks to a renovation by the lauded architect Anna-Marie Chin. The property's capital value has seen a rapid increase of 11.39%, from $1,975,000 in 2017 to $2,200,000 as of June 2021. The HouGarden AVM estimates it at $2,012,500, while the latest sales were recorded at $1,900,000 in 2021 and again in 2024, presenting a lucrative opportunity for investors. The home is situated in a quiet cul-de-sac, offering privacy and ease of access, with views that span the city and Auckland Domain, especially enchanting at night.

For families with educational pursuits, the property falls within the zone of top-rated schools, including Parnell School, Auckland Grammar, and Epsom Girls' Grammar School, all boasting a decile rating of 9. The residence, with its low maintenance appeal and absence of body corporate fees, is not only an ideal family home but also a strategic choice for professional couples seeking a city base with flexible living arrangements.

With its prime location, just 30 metres from Parnell Rd, this property offers a vibrant lifestyle with cafes, galleries, and dining options at your doorstep, along with the convenience of walking to the CBD and public transport, making it an irresistible combination of comfort, convenience, and potential for growth.

Updated on December 11, 2024