24 Ranui Avenue, Ranui, Auckland - Waitakere

Nestled on a generous 814m2 section with freehold title, this 4-bedroom, 1-bathroom residence presents an alluring opportunity. Constructed in 1961 with wood walls and iron roofing, the property is in average condition and offers a floor area of 120m2. The capital value has seen a remarkable increase of 73.24% from $710,000 in 2017 to $1,230,000 as of June 2021. The HouGarden AVM estimates the property's worth at $1,145,000, while the latest sale in 2015 was for $670,000. This property is not just a home but a potential goldmine for developers and investors, given its zoning for Residential-Mixed Housing Urban.

For families, the property falls within the decile 3 school zones of Waitakere College and Henderson Intermediate, ensuring quality education is within reach. The location is second to none, with local amenities, public transport, and the scenic Pooks Reserve mere steps away. This is a chance to secure a property with vast potential for capital growth, in a sought-after cul-de-sac that promises a serene living environment.

Whether you're looking to landbank, develop, or simply enjoy the benefits of a well-located property, this address at 24 Ranui Avenue is a smart choice. Don't let this opportunity slip by – it's time to envision your future here.

Updated on June 10, 2024