58 Sussex Street, Grey Lynn, Auckland

Nestled in the heart of Grey Lynn, Auckland, at 58 Sussex Street, lies a Residential - Home & income property on a Freehold title. This charming 1910 double bay villa with wood exterior walls and an iron roof spans across 240m² of floor area and is set on a generous 480m² section. The property boasts of a good wall and roof condition, and a contour that offers easy to moderate fall. Inside, the residence presents original ceiling heights and a layout that includes 6 bedrooms, with upstairs featuring 3 bedrooms, a formal living area, and an open-plan kitchen and dining space that leads to a cozy covered deck. The lower level, accessible via an internal stairway, provides separate accommodation with 2 more bedrooms, a modern bathroom, and a spacious living and dining area that opens to a west-facing patio.

As for the property’s financials, the Capital Value (CV) has seen a remarkable increase from $2,250,000 in 2017 to $3,075,000 as of 2021, a growth of 36.67%. HouGarden AVM estimates the property’s value at $2,945,000. Notably, the latest sale history includes transactions in 1998 for $320,000 and in 1991 for $120,000. This property is not just a home but a sound investment.

For families with school-aged children, the property falls within the zones of Western Springs College (Decile 8), Richmond Road School (Decile 8), Ponsonby Intermediate (Decile 9), and Auckland Girls' Grammar School (Decile 3). These schools offer a range of educational opportunities for students of different ages.

Updated on October 11, 2024