Positioned in the serene environment of 21 Cartmel Avenue, Massey, Auckland, this freehold property is a gem for developers, builders, and growing families. Constructed in 2005 with a mix of materials for the walls and tiles for the roof, this dwelling boasts 4 bedrooms, 2 bathrooms, and 2 car parks, spread over a floor area of 156 sqm on a vast 1176 sqm section with a steep fall contour. The property has seen a significant Capital Value increase of 109.88% from $810,000 in 2017 to $1,700,000 as of June 2021. The HouGarden AVM estimates the property's value at $1,630,000, while the latest sales were recorded at $620,000 in 2014 and $425,000 in 2010. This residence, with its inviting entrance and expansive covered deck, offers a blend of functionality and charm, making it an ideal choice for those seeking a tranquil lifestyle within a prime school zone.
With a CV of $1.675m, the property presents a lucrative opportunity for investors, with potential development prospects at approximately $1100 per SQM. The location is further enhanced by the Massey Primary School (Decile 3), Massey High School (Decile 4), and St Paul's School (Massey) (Decile 4), ensuring top-notch education for the family. Don't miss the chance to landbank in this market that's on the turn!
Updated on October 11, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.19 km | 3 | 2 | -m2 | Year 2024 Month 12 Day 01 | - | Council approved | |
 | 0.19 km | 3 | 2 | -m2 | Year 2024 Month 11 Day 01 | - | Council approved | |
| 0.19 km | 3 | 2 | -m2 | Year 2024 Month 11 Day 01 | $760,000 | Council approved | |
 | 0.19 km | 3 | 2 | -m2 | Year 2024 Month 11 Day 01 | $800,000 | Council approved | |
0.19 km | 2 | 1 | 63m2 | Year 2024 Month 09 Day 10 | $400,000 | Council approved |