83 Colombo Road, Waiuku, Auckland - Franklin

Nestled in a serene environment at 83 Colombo Road, Waiuku, Auckland - Franklin, this freehold property boasts 4 bedrooms, 2 bathrooms, and a generous floor area of 177 square meters on a land size of 3396 square meters. Constructed in 1920 with wood walls and an iron roof, both in good condition, this dwelling enjoys an attractive contour with an easy to moderate fall. The modern kitchen and bathroom, separate dining and living areas, along with the wood-burner and heat pump for efficient heating, create a cozy atmosphere perfect for a small family or couple. The property has seen a significant capital value increase of 41.54% from $650,000 in 2017 to $920,000 as of June 2021. The HouGarden AVM estimates the property's value at $852,500, while the latest sales were recorded at $737,000 in 2019 and $630,000 in 2016.

With a CV growth that outpaces the norm, this property is a sound investment. The upgrades are evident and make it a desirable choice in the market. Outside, the expansive land area presents a blank canvas for potential development.

For families with school-aged children, the property falls within the zones of Waiuku College (Secondary, Decile 6) and Waiuku Primary School (Full Primary, Decile 5), ensuring access to quality education. This property is indeed a race against the clock for those seeking a combination of comfort, potential, and a promising school network.

Updated on July 12, 2024