69 Mcleod Road, Te Atatu South, Auckland - Waitakere

Nestled on a sprawling 951sqm section, this rough diamond at 69 Mcleod Road, Te Atatu South, Auckland, holds immense potential for transformation. The freehold property, built in 1960 with wood exterior walls and an iron roof, currently features 5 bedrooms and is poised for either a custom dream home or development under the Residential-Mixed Housing Urban Zone. The capital value has seen a staggering increase of 92.31% from $910,000 in 2017 to $1,750,000 as of June 2021. The HouGarden AVM estimates it at $1,705,000, while the latest sales were in 1994 for $120,000 and 1986 for $62,000.

With a partially renovated interior and a thoughtful layout, the property includes a master suite with a private deck, three bathroom areas, and three lounge areas with vaulted ceilings. Outside, a lush garden with a mini orchard adds to the property's charm. It's located in a desirable school zone, with Rutherford College (decile 5) and Rangeview Intermediate (decile 4) among the highly-rated schools in the area.

Not only is the property a gem for families with its easy access to motorways and proximity to primary and secondary schools, parks, and recreational facilities, but it also offers the convenience of nearby cafes, restaurants, and shopping centers. This is a golden opportunity for those looking to remodel, do-up, or develop, but be quick, as properties like this don't last long on the market.

Updated on August 29, 2024