Nestled in the serene cul-de-sac of Rehia Road, Massey, Auckland, this freehold property is a charming residential dwelling built in 1987. It boasts 3 bedrooms, 1 bathroom, and a single carport, all set on an expansive 646sqm of land. The exterior walls are constructed of fibrous cement in good condition, complemented by a robust tile roof. Inside, the 81sqm floor area is bathed in natural light, creating a warm and inviting atmosphere.
With a current Capital Value (CV) of $1,030,000 as of June 2021, this property has seen an impressive growth of 80.7% since July 2017. The HouGarden AVM estimates the property's value at $960,000, while the latest sale record dates back to 1987 at $22,000. This presents a golden opportunity for investors looking for a property with significant capital appreciation potential.
For families with school-aged children, the property falls within the zones of both Massey High School (Decile 4) and St Paul's School (Massey) - both reputable educational institutions. This combination of location, potential for value growth, and access to quality education makes this property an attractive proposition.
Updated on May 31, 2024