Nestled in the tranquility of a quiet cul-de-sac at 329 Rodney Street, Wellsford, Auckland, this freehold property boasts a generous floor area of 130 square meters on a land size of 951 square meters. Constructed in 1960 with wood walls and an iron roof, both in average condition, this 3-bedroom home has undergone extensive renovations, including a new roof, full repaint, new lighting, a heat pump, brand new bathrooms, and double glazing on the front windows and doors. The property, with a CV of $630,000 as of June 2021, has shown a remarkable growth of 36.96% since July 2017. The latest sale was recorded at $670,000 in February 2021, a significant increase from the $235,000 sale in March 2012. The property also features a substantial space at the rear, perfect for expansion or a minor dwelling, subject to council consent. It's all on one level and is vacant with flexible settlement available. The rental appraisal estimates $580-$630 weekly, making it an attractive investment. It's strategically located close to the new motorway extension and various beaches, appealing to all buyers, from investors to first-time homebuyers.
As for the government valuation, the property's CV has seen a steady increase, reflecting its rising market value. The HouGarden AVM estimates the property's worth at $612,500, further validating its investment potential.
For families with children, the property falls within the zones of Rodney College, a secondary school with a decile rating of 4, and Wellsford School, a full primary school with a decile rating of 3, ensuring quality education options.
Updated on August 23, 2024
