Embrace the opportunity to own a property with immense potential in the highly sought-after Whenuapai neighborhood. This 2-bedroom, 1-bathroom residence, with 2 car parks, sits on a freehold lot at 177 State Highway 16. Constructed in 1960 with wood walls and an iron roof, it offers a floor area of 95sqm and a generous land area of 911sqm. The property's capital value has seen a growth of 44.16% from $770,000 in 2017 to $1,110,000 as of June 2021. The HouGarden AVM estimates it at $1,032,500, while the latest sale was in 2004 for $190,000. This home is located in a level contour, with average wall and roof conditions, making it an ideal canvas for renovation and investment. It falls within the decile 4 Massey High School and the decile 9 Whenuapai School zones, ensuring quality education for the family.
For those with a vision, this property is a golden opportunity to add value and create a haven that could be a stunning family residence or a lucrative investment. The prime location and the potential for redevelopment make it a stand-out choice for those ready to transform this diamond in the rough.
With a promising school network that includes Massey High School, Whenuapai School, and St Paul's School, this property is not just a home but an investment in your family's future.
Updated on July 16, 2024