16/352a Swanson Road, Ranui, Auckland - Waitakere

Nestled in a serene cul-de-sac at 16/352a Swanson Road, Ranui, Auckland, this residential unit boasts a 2-bedroom, 1-bathroom layout with a single car park. Constructed in 2002 with durable brick walls and tiled roofing, the property stands on an easy-to-moderate fall contour. The unit title ownership adds to the appeal, as does the property's good wall and roof condition. Notably, the capital value has seen a 30% increase from $400,000 in 2017 to $520,000 as of June 2021, with the HouGarden AVM valuing it at $525,000. The latest sales were recorded at $530,000 in 2024 and $326,500 in 2016.

With a rental income of $17,680 per annum, secured by a lease with Housing New Zealand, this property offers a stable investment opportunity. The local amenities, including the Waitakere College (Secondary, Decile 3) and Henderson Intermediate (Intermediate, Decile 3), are within easy reach, making this an ideal choice for families.

Enjoy the ease of a passive investment with this property - relax and watch your bank balance grow!

Updated on October 02, 2024