Nestled in the tranquil Ranui, Auckland, this 3-bedroom, 1-bathroom home with a single carpark presents a lucrative opportunity for investors and first-time buyers alike. Constructed in 1960 with fibrous cement walls and tiled roofing, this cross-lease property sits on a level contour with an average wall and roof condition. The property's capital value has seen a remarkable increase of 33.02% from $530,000 in 2017 to $705,000 as of June 2021. The latest sale history dates back to 2012 at $318,000, showcasing significant growth. HouGarden AVM estimates the property's value at $710,000, making it an attractive prospect.
With a heat pump and other modern amenities, the property is move-in ready. It is set back from the road, fully fenced, and gated, offering privacy and security. The location is prime, with easy access to shops, the primary school, and public transport. Waitakere College and Henderson Intermediate, both with a decile rating of 3, fall within the school zone.
Perfect for families, the property boasts spacious open-plan living, dining, and a kitchen, along with three well-sized bedrooms, a family bathroom, and a separate laundry. The fully fenced property is ideal for children and pets to play safely. Located in a quiet cul-de-sac, it provides a peaceful environment while being convenient to amenities and the train station, offering a seamless commute to the city.
Updated on September 20, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.16 km | 2 | 1 | -m2 | Year 2024 Month 10 Day 01 | - | Council approved | |
0.17 km | 2 | 1 | 74m2 | Year 2024 Month 09 Day 10 | $613,000 | Council approved | ||
 | 0.04 km | 3 | 1 | -m2 | Year 2024 Month 09 Day 01 | - | Council approved | |
0.17 km | 2 | 1 | 74m2 | Year 2024 Month 09 Day 01 | $600,000 | Council approved | ||
 | 0.13 km | 3 | 1 | -m2 | Year 2024 Month 07 Day 05 | $430,000 | Council approved |