Nestled on a lush 2089 square metre site with mature trees, this freehold property at 29 Sarah Todd Lane, Waimauku, Auckland - Rodney, boasts a capital value that has seen a growth of 14.89% since 2017. Constructed in 1980 with brick walls and tiled roof, the house stands in good condition both inside and out. It offers a comfortable living space with 4 bedrooms, a single carpark, and a floor area of 190 square metres. The open-plan design of the living areas ensures a seamless flow, while the modern kitchen with custom tiles serves as the heart of the home, connecting to the dining and living spaces. Outside, a terraced deck with a spa pool overlooks scenic views, making it an ideal spot for relaxation. The property is within the highly rated Waimauku School Zone (Decile 10), and is also close to Massey High School (Decile 4), Kaipara College (Decile 7), and St Paul's School (Decile 4). The HouGarden AVM estimates the property's value at $1,320,000, and with a latest sale history in 1999 at $290,000, this home presents a sound investment opportunity.
Since its last sale in 1999, the property has appreciated significantly, with a current CV of $1,350,000 as of June 2021, up from $1,175,000 in July 2017. This indicates a healthy capital value increase speed, making it an attractive prospect for investors. The property's convenient location, within reach of parks, shops, and amenities, further enhances its appeal.
For families with children, the property's location within the Waimauku School Zone is a significant advantage. The zone offers access to top-quality education, ensuring a bright future for the young ones. The nearby schools, including Waimauku School, are known for their high decile ratings, which reflect the quality of education provided.
Updated on August 05, 2024