9 Edwin Freeman Place, Ranui, Auckland - Waitakere

Located at 9 Edwin Freeman Place, Ranui, Auckland - Waitakere, this unique property offers a dual dwelling setup on a level 600m2 freehold site, making it an ideal choice for families, investors, or first home buyers looking to offset their mortgage. The main residence, a 1970s 3-bedroom home, features low maintenance fibrous cement walls, tile roofing, and an open plan living area that ensures a seamless flow between the kitchen, dining, and living spaces. The property also includes a two-bedroom 1920s cottage, relocated in the early 2000s with new piles, plumbing, and wiring, presenting an excellent opportunity for added value. Both homes enjoy separate outdoor living areas, ample off-street parking, and a fully fenced, sun-drenched front garden.

Financially, the property has shown significant growth, with the capital value increasing from $700,000 in July 2017 to $885,000 in June 2021, marking a 26.43% increase. The latest sale in January 2024 was at $880,500, demonstrating the property's solid return on investment. The HouGarden AVM estimates the property's value at $847,500, highlighting its potential in the current market.

The property is situated within the school zones of Birdwood School (decile 2), Waitakere College (decile 3), Henderson Intermediate (decile 3), and St Paul's School (Massey) (decile 4), offering a range of educational options for families. Its location in Ranui, one of Auckland's more affordable areas, provides easy access to local shops, supermarkets, and public transport, making it a convenient and desirable place to live.

Updated on April 05, 2024.