79 Lincoln Street, Ponsonby, Auckland

Nestled in the serene Lincoln Street of Ponsonby, Auckland, this freehold property is a charming residential haven with a rich history dating back to 1900. The home boasts 6 bedrooms, 1 bathroom, and a generous floor area of 165 square meters, all set on a sprawling 328 square meter section with a steep fall contour. The heritage-style exterior is complemented by wood walls and an iron roof, both in average condition, creating an inviting and warmth-filled ambiance. This property, with its north-facing orientation, is an ideal blend of traditional charm and modern comfort, offering ample natural light and a tranquil outdoor space for relaxation or entertainment.

Boasting a significant increase in Capital Value from $1,550,000 in 2017 to $2,125,000 as of June 2021, this property has shown a growth rate of 37.1%. The HouGarden AVM estimates the property's worth at $1,828,500, while the latest sales history in November 2024 and March 2023 reflects strong market interest with prices of $1,888,000 and $1,730,000 respectively. This is a sound investment opportunity with the potential for rental income from day one.

For families with children, the property falls within the zones of Western Springs College, Richmond Road School, Ponsonby Intermediate, and Auckland Girls' Grammar School, all reputable educational institutions with high decile ratings. This ensures access to quality education for your loved ones.

Updated on November 20, 2024