Nestled in the charming Freemans Bay, this 1920's bungalow at 2a Smith Street offers a rare freehold opportunity. With 3 bedrooms, a single carpark, and a floor area of 105 square meters on a generous 333 square meter section, it boasts an iron roof and wooden exterior walls in average condition. The property, with its easy/moderate fall contour, is a gem in a quiet cul-de-sac, just a short stroll from the vibrant Ponsonby Strip.
Since 2017, the capital value has soared by 58.21% to $2,650,000 as of June 2021, with the HouGarden AVM estimating it at $2,625,000. The last sale was in 1993 for $55,463, highlighting the property's untapped potential. The CV increase is a testament to the area's desirability and investment prospects.
For families, the property falls within the zones of Western Springs College (Decile 8), Ponsonby Intermediate (Decile 9), Freemans Bay School (Decile 6), and Auckland Girls' Grammar School (Decile 3), ensuring access to quality education. This is not just a home; it's an opportunity to be part of a thriving community with excellent schools and a lifestyle that's second to none.
Updated on November 29, 2024