Nestled in the serene Helena Street of Massey, Auckland, this charming residence on a freehold title presents an ideal blend of comfort and investment potential. Constructed in 1980 with robust fibrous cement walls and an iron roof in good condition, the property boasts three spacious bedrooms, a modern bathroom, and a single carpark, all within a floor area of 91 square meters on a land area of 1012 square meters. The property's capital value has seen a remarkable increase from $600,000 in 2017 to $1,075,000 as of June 2021, reflecting a growth rate of 79%. The HouGarden AVM estimates the property's worth at $1,082,500, while the latest sales were recorded at $800,000 in August 2024 and $700,000 in November 2023. This dwelling is not only a haven of tranquility in a quiet cul-de-sac but also a wise investment with promising returns.
For families with school-aged children, the property falls within the zones of Massey High School (Decile 4), Don Buck School (Decile 2), and St Paul's School (Massey) - all reputable educational institutions. The property's convenient location, coupled with its school zones, makes it an attractive option for both first-time homebuyers and investors.
Whether you seek a cozy family home or a strategic investment, this property's combination of a prime location, solid construction, and promising capital value growth is not to be missed.
Updated on September 18, 2024