Nestled at the serene end of the prestigious Rose Road in Grey Lynn, Auckland, this charming classic bay villa on a freehold site is a gem with immense potential. The 3-bedroom, 1-carpark home boasts a floor area of 143 sqm and sits on a generous 404 sqm section. Constructed in 1910 with wood walls and an iron roof, both in average condition, the property enjoys an easy/moderate rise contour and is north-facing for optimal light and sun. The capital value has seen a significant increase from $1,925,000 in 2017 to $2,725,000 as of 2021, reflecting a growth of 41.56%. The HouGarden AVM estimates the property at $2,490,000, with the latest sales recorded at $2,620,000 in 2024 and $2,880,000 in 2022.
For families, the property falls within the decile 8 Western Springs College and Richmond Road School zones, and the decile 9 Ponsonby Intermediate, with the option of Auckland Girls' Grammar School, a decile 3 secondary school. This prime location is not just about numbers; it's about living in comfort with the convenience of being meters away from Ponsonby Road, Grey Lynn Park, and the city. The property is ready to be taken to the next level or enjoyed as is, with a private sunny garden and a potential for further development.
After nearly 30 years, the vendor is moving on, presenting an opportunity not to be missed. This is a chance to secure a home in a location that many desire but few can attain. Rose Road is calling, and with the right care, this property is ready to bloom.
Updated on December 04, 2024