2 Russell Street Freemans Bay, Auckland City

There is something irresistible about a home that has kept its character for nearly a century. This orginal 1920s bungalow sits just steps from Ponsonby Road and offers not only a slice of history, but also a golden opportunity to create your future.

The spacious living room with original fireplace sits atop warm timber floors, while the kitchen and dining opens through French doors to a north-facing deck and garden, the perfect suntrap ready to be transformed into an entertainer's oasis.

Two double bedrooms, a bathroom that's seen better days and a combined WC and laundry complete the current layout. There's insulation top and bottom, a heat pump and the roof has been partially replaced.

Set on a 202sqm freehold section, the potential here is undeniable. Whether it's a full renovation or a quick spruce-up, there's plenty of scope. The location ensures enduring demand, with eateries and boutiques just metres from your door. Pompallier on Ponsonby is set to be finished in late 2026, an exciting development that will further grow local amenity.

For first home buyers seeking entry into the neighbourhood, investors looking for their next project or visionaries ready to design their dream home, this is more than just a house. It is a strategic move in a blue-chip market where opportunities in this price bracket and position are increasingly rare.