Auction: at 34 Shortland Street, City on Thursday 15 July 2021 at 10:00AM (unless sold prior)

Lacking a bathroom and in need of urgent renovation, make no mistake 39 Ariki St is the most affordable character entry to home ownership available in Grey Lynn.

The 480m² freehold section is home to a classic 1920's bungalow positioned on the sunny north facing slope leading down from Grey Lynn ridge. This quiet side street is a hop skip and a jump to iconic Grey Lynn Park and you're just a short walk to Ponsonby Rd and the cute Crumb Cafe is just 50m from your front door (no doubt a regular haunt for your builders). You've aced the first rule of real estate - LOCATION LOCATION LOCATION.

Immediately requiring your vision, architect and builder, there's no need to spend money fixing someone else's mistakes or undoing their questionable taste. 39 Ariki St provides you with a blank canvas to do it once, do it right and do it your way.

Features you'll want to retain include the wide character bay window and original front porch which has been a great spot for the owners of 60+ years to kick back and take in the last of the afternoon sun. Native timber floors are as you'd expect and three generous bedrooms are ready to receive your love and attention.

There's all important off-street-parking and the elevated back lawn is home to a dual room studio offering additional value and unexplored potential.

Zoned 'single house zone' under the unitary plan, you can rest assured the investment you're making here in the beating heart of Grey Lynn will be well rewarded and sought after by future owners preferring a character filled neighbourhood rather than urban intensification on their doorstep.

PS: Bunnings is just up the road!