Nestled on a flat 905 sqm of land, this 4-bedroom, freehold property at 10 Gambare Place, Wattle Downs, Auckland, is a prime opportunity for investors and homebuyers alike. Constructed in 1974 with fibrous cement walls and an iron roof, it offers a solid foundation for renovation or as a potential development site. The property has seen a significant increase in Capital Value (CV), rising from $670,000 in 2017 to $1,000,000 as of June 2021, marking a growth of 49.25%. The latest sale was in 1992 for $68,000, and the current HouGarden AVM estimates the property at $960,000. This home is located in a Level contour, within a quiet cul-de-sac, and is close to all amenities and major routes.
From an investment perspective, the property presents a compelling case with its CV growth and potential for further appreciation. The neighborhood, with newly built homes, is a testament to the area's development and promise. For families, the property falls within the decile 1 school zones of both Leabank School (Contributing) and James Cook High School (Secondary), ensuring quality education for children of all ages.
With the current owners ready to pass the torch to a new family, this property is set to write its next chapter. It's a chance to craft your dream home in a location that offers both convenience and the promise of a thriving community.
Updated on May 02, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.14 km | 3 | 2 | 88m2 | Year 2025 Month 02 Day 02 | $860,000 | Council approved | |
 | 0.13 km | 3 | 2 | -m2 | Year 2024 Month 12 Day 20 | - | Council approved | |
 | 0.12 km | 3 | 2 | 120m2 | Year 2024 Month 10 Day 01 | - | Council approved | |
 | 0.19 km | 3 | 120m2 | Year 2024 Month 09 Day 26 | $845,000 | Council approved | ||
 | 0.23 km | 3 | 110m2 | Year 2024 Month 09 Day 12 | $740,000 | Council approved |