Nestled in the serene Freemans Bay, this freehold property at 5/2 Gunson Street boasts 3 bedrooms, 3 bathrooms, and a single carpark, built in 1975 with wood walls and tiled roof, sitting on a levelled 167sqm land with a 124sqm floor area. The property has an average wall and roof condition, ideal for a 'lock n leave' lifestyle, just 200m from Ponsonby Road and Victoria Park. The government's capital value has seen a 49.12% increase from $1,425,000 in 2017 to $2,125,000 as of June 2021, while the HouGarden AVM estimates it at $2,105,000. Notably, the property sold for $2,175,000 in February 2021 and $1,750,000 in November 2018. It falls within the decile 8 Western Springs College, decile 9 Ponsonby Intermediate, decile 6 Freemans Bay School, and decile 3 Auckland Girls' Grammar School zones.
With a tasteful modernization, this property offers a serious space for entertainment, with a courtyard to enjoy spring evenings. The upstairs bedrooms have ensuites, and the master bedroom boasts stunning city views, a walk-in wardrobe, and North-facing aspects. It's a reminder of the proximity to the city, just a few minutes' walk to Wynyard Quarter, ASB Waterfront Theatre, and Park Hyatt, with a plethora of amenities and restaurants in Auckland CBD, Commercial Bay, and Mission Bay.
It's a rare opportunity to purchase a property like this, especially with the added bonus of potential AirBnB returns. The current owners are moving on, presenting a chance to own a piece of Auckland's changing city night lights, a daily inspiration for photographers and artists.
Updated on November 11, 2024