Nestled in the tranquility of a quiet cul-de-sac at 2/558 Swanson Road, Ranui, Auckland, this delightful 2-bedroom, 1-bathroom home presents an ideal opportunity for first-time buyers or investors. Constructed in 1974 with a mix of materials for the walls and tiles for the roof, this residential unit is set on a cross-lease with a floor area of 100sqm and a half share of 918sqm of land. The property has seen a 30.77% increase in Capital Value from $455,000 in 2017 to $595,000 as of June 2021. The latest sale in December 2021 fetched $742,000, reflecting the property's growing appeal. The HouGarden AVM estimates the property's value at $577,500. The home features a heat pump, a spacious garage, and a functional layout with a separate lounge and dining area, all while maintaining a charming retro aesthetic. The Swanson School, Waitakere College, and Henderson Intermediate, all with a decile rating of 3, are in the vicinity, making this property an attractive option for families. This solidly built brick and tile home is not just a place to live but a sound investment in a prime location.
Updated on August 15, 2024