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Nestled in the serene cul-de-sac of Sumich Place, West Harbour, Auckland, this freehold property is a gem for any investor. Built in 1983 with mixed materials for the walls and tiles for the roof, this 4-bedroom, 2-carpark home sits on a 700m2 section with a floor area of 127m2. The property boasts an elevated view, a contour that's easy to moderate, and a CV that has seen a growth of 47.22% from $900,000 in 2017 to $1,325,000 as of June 2021. The HouGarden AVM estimates the property's value at $1,235,000, while the latest sales history shows a significant increase from $18,500 in 1984 to $345,000 in 2007.
With a CV on the rise and potential for further development, this property is not just an investment but a land-bank opportunity. It's located in a Mixed Housing Urban zone, next to the West Harbour School, and just 3.5km from Costco, with easy access to Westgate Shopping Centre and motorway onramps. The property's waste and storm water services on-site, along with renovation potential and a standalone double garage, add to its appeal.
For families with school-aged children, the property falls within the zones of West Harbour School (Decile 2, Full Primary), Massey High School (Decile 4, Secondary), and St Paul's School (Massey) (Decile 4, Contributing), ensuring quality education options.
Updated on July 05, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.26 km | 4 | 2 | 167m2 | Year 2024 Month 12 Day 19 | - | Council approved | |
 | 0.32 km | 3 | 1 | -m2 | Year 2024 Month 11 Day 01 | - | Council approved | |
 | 0.24 km | 4 | 108m2 | Year 2024 Month 10 Day 26 | $950,000 | Council approved | ||
 | 0.24 km | 4 | 108m2 | Year 2024 Month 10 Day 21 | $943,000 | Council approved | ||
 | 0.23 km | 3 | 1 | 110m2 | Year 2024 Month 10 Day 18 | - | Council approved |