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87 Rathgar Road, Henderson, Waitakere City, Auckland, 7 Bedrooms, 2 Bathrooms, House

By negotiation

87 Rathgar Road, Henderson, Waitakere City, Auckland

7
2
830m2
HouseListed on Wed Mar 27

Henderson 7 Bedroom Opportunity knocks? Landbank and cash cow!

Welcome to your next investment opportunity in a prime location! This spacious property offers the best of both worlds - a land bank and a cash cow all in one. With a generous 830 square metres flat section in a mixed urban zone, this property is a dream for all developers looking to make their mark.

Boasting 7 bedrooms and 2 bathrooms, this property is perfect for those seeking a lucrative rental opportunity. Situated within walking distance to shops and surrounded by 6 local schools. Close to all amenities, motor ways, Lincoln shopping centre and hospital and within walking distance to the train station. This property is ideal for families and professionals alike, rest home, day care, kindergartens.

This property offers the perfect blend of comfort and convenience. Whether you're an experienced investor or looking to expand your portfolio, this property has something for everyone.

Don't miss out on this incredible opportunity to secure your next cash cow. Contact us today to arrange a viewing and start your journey towards financial success!

See this listing on Barfoot & Thompson

Location

Council Data

Last update : 2024 06 26
Improvement value$130,000Reduced by -51% from year 2017
Land value$1,070,000Increased by 44% from year 2017
CV(Year 2021 Month 06)$1,200,000Increased by 18% from year 2017
DeckYes
View typeNo appreciable view
ContourLevel
Land area830m²
Floor area192m²
Decade of construction1972
TitleNA24C/855
Type of titleFreehold
Legal descriptionLOT 5 DP 43275
CouncilAuckland - Waitakere
Estate descriptionFSIM,1/1,LOT 5 DEPOSITED PLAN 43275,830m2
Council rates$3,020.70 2023/2024
ConditionExternal Walls: Average Roof: Average
ZoningResidential - Mixed Housing Urban Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Waitakere College
0.23 km
Secondary
9-15
Government
Co-Educational
EQI: 486
3
Pomaria Road School
0.59 km
Primary
1-6
Government
Co-Educational
EQI: 495
3
Henderson Intermediate
0.63 km
Secondary
7-8
Government
Co-Educational
EQI: 492
3
Henderson North School
0.65 km
Primary
1-6
Government
Co-Educational
EQI: 481
3

Property history

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For developers

Unitary plan:Residential - Mixed Housing Urban Zone
Land:830m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone

Suburbs

Data analysis - Henderson properties data
Sales count(Last 12 months)
9View
Type: Freehold
Sales median price(Last 12 months)
$1,247,500
Low: $1,000,000, High: $1,500,000
Rent median price(Last 12 months)
$1,050
Low: $1,050, High: $1,050
Henderson property trend
Year
Median price
Growth
Sales count
2023
$1,242,750
-18.1%
6
2022
$1,516,500
0.3%
10
2021
$1,512,000
15.8%
26
2020
$1,306,000
16.5%
13
2019
$1,121,500
4.8%
10
2018
$1,070,000
-5%
19
2017
$1,125,750
-2.1%
14
2016
$1,150,000
29.2%
15
2015
$890,000
36.9%
27
2014
$650,000
-
23

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
106A Rathgar Road
0.07 km
3
2
180m2
Year 2024 Month 06 Day 21
$725,000
Council approved
9 Glen Norman Avenue
0.11 km
179m2
Year 2024 Month 05 Day 07
$1,100,000
Council approved
2/37 Mildmay Road
0.29 km
2
1
-m2
Year 2024 Month 03 Day 06
$525,000
Council approved
0.24 km
3
170m2
Year 2024 Month 02 Day 15
$975,000
Council approved
2/13 Frank Evans Place
0.41 km
2
1
82m2
Year 2024 Month 01 Day 25
$645,000
Council approved

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Ref：864517Last update：2024-06-30 04:04:31