Nestled in the prime location of Birkenhead Point, this 3-bedroom, 1-bathroom residential unit with a single carpark is a perfect blend of retro charm and modern comfort. Constructed in 1970 with brick walls and tiled roof, this cross-lease property at 3/5 Pullum Street boasts a level contour and a well-maintained condition both inside and out. The government’s capital value has seen a significant increase from $800,000 in 2017 to $940,000 in 2021, reflecting a growth of 17.5%. The property also holds a HouGarden AVM of $902,500, and a sale history that includes transactions in 1994 and 1993.
With a view that encompasses the iconic Chelsea Sugar Factory and the Waitemata Harbour, this home has been recently renovated to respect the architectural era while catering to modern living. It features a multi-level layout, a spacious master bedroom with a walk-in wardrobe, and a designer ensuite. The upper level has an open-plan living and dining area that highlights the high ceilings and large windows typical of the 1970s. A sunroom conservatory leads to a large entertainer’s deck, perfect for summer gatherings. Located in a sought-after community, it is within walking distance to Birkenhead Village and amenities, and in the zones for well-rated schools such as Northcote Intermediate, Northcote College, and Birkenhead School.
Not only does this property offer an unbeatable value proposition, it also provides an opportunity to step into the Points property ladder. With its prime address and affordable price tag, this home is a rare find that promises both convenience and potential for further capital value growth.
Updated on October 10, 2024