16a Formby Avenue, Point Chevalier, Auckland

Nestled in the heart of Point Chevalier on 16a Formby Avenue, this freehold residence is a charming brick and cedar home, built in theJ 1980s with a floor area of 216 square meters and boasting 4 bedrooms, 2 carparks, and a study. The property features a well-maintained brick exterior, a tiled roof in good condition, and a level contour, all set on a quiet cul-de-sac. It's a perfect blend of sought-after ingredients, ready for a value-adding transformation.

Since 2017, the capital value has seen a significant increase of 43.86%, from $1,425,000 to the current $2,050,000. The HouGarden AVM estimates the property at $1,965,000, while the recent sales history suggests a promising investment opportunity.

For families with children, the property falls within the zones of highly-rated schools, including Pasadena Intermediate (Decile 8), Pt Chevalier School (Decile 10), and Western Springs College (Decile 8), ensuring access to quality education.

Updated on April 30, 2024