434 Don Buck Road, Massey, Auckland - Waitakere

Nestled at 434 Don Buck Road, Massey, Auckland, this freehold property is a charming residential dwelling from 1960, boasting 5 bedrooms, 2 bathrooms, and a single carpark. Constructed with wood walls and an iron roof, it sits on a steep fall contour with a floor area of 300m² and a land area of 1002m². The property's capital value has seen a rapid increase of 30%, from $1,350,000 in 2017 to $1,750,000 as of June 2021, with a HouGarden AVM estimate of $1,675,000. Notably, the latest sales were recorded at $747,000 in 2014 and $490,000 in 2006.

With a current rental income of $670 per week, this property presents a solid investment opportunity in a 'Business - Local Centre Zone', offering stunning views of the Waitakere Ranges and easy access to Highways 16 and 18. It's strategically located near Westgate Shopping Centre and the burgeoning Westgate Town Centre, with public transportation within a short walk. Educationally, the property falls within the zones of Massey Primary School (Decile 3), Massey High School (Decile 4), Whenuapai School (Temp Extension, Decile 9), and St Paul's School (Massey, Decile 4).

Indeed, this is a rare opportunity to secure a prime piece of real estate in a thriving area, with significant potential for further development, given Westgate's status as one of Auckland's fastest-growing development hubs.

Updated on October 25, 2024