142 Metcalfe Road, Ranui, Auckland - Waitakere

Located at 142 Metcalfe Road, Ranui, Auckland - Waitakere, this residential property boasts a freehold ownership type and falls under the category of 'Residential - Vacant land multiple housing'. The property features 4 bedrooms, 1 bathroom, and 1 carpark, with a floor area of 87 square meters and a substantial land area of 814 square meters. Constructed in 1975, the building has fibrous cement walls in good condition and a tiled roof also in good condition. The property's contour is described as having an easy/moderate fall, making it an appealing choice for potential buyers.

The capital value (CV) of this property has seen a significant increase, from $695,000 on July 1, 2017, to $1,150,000 on June 1, 2021, marking a 65.47% growth. The HouGarden AVM estimates the property's value at $1,130,000, while the latest sale on December 6, 2023, reached $1,210,000, indicating a strong and growing market interest. This rapid appreciation in value underscores the property's investment potential.

The property is well-positioned within the school zones of Waitakere College (Secondary, Year 9-15, decile 3), Henderson Intermediate (Intermediate, decile 3), and Summerland Primary (Contributing, decile 5). These educational institutions provide a range of options for families, contributing to the property's desirability in a family-friendly neighborhood.