157 West Harbour Drive, West Harbour, Auckland - Waitakere

Nestled in the tranquility of a quiet cul-de-sac at 157 West Harbour Drive, West Harbour, Auckland, this freehold property is a gem with a steep fall contour. Built in 1980 with mixed materials for the walls and iron for the roof, the dwelling boasts 5 bedrooms, 3 bathrooms, and 2 car parks, spread over a floor area of 229m2 on a spacious 821m2 section. The property presents a prime investment opportunity with a current Capital Value (CV) of $1,654,000 as of June 2021, showing a significant increase of 29.3% from its $1,280,000 valuation in July 2017. The roof and walls are in good condition, and the property is functional with a double garage and additional storage.

With a HouGarden AVM of $1,665,000, the property's latest sale history includes a transaction of $1,550,000 in August 2024 and $1,130,000 in August 2016. This indicates a promising trend for capital growth. The property is adjacent to the West Harbour Esplanade Reserve, offering unobstructed views of the harbour and cityscape, and holds potential for further development with drawings ready for building two substantial homes with views.

For families with school-aged children, the property falls within the zones of highly regarded schools. Hobsonville Point Secondary School, a decile 10 secondary school, Marina View School, a decile 8 full primary, Massey High School, a decile 4 secondary school, and St Paul's School (Massey), a decile 4 contributing school, are all within reach, ensuring quality education for the family.

Updated on September 18, 2024