15 Statesman Street, Henderson, Auckland - Waitakere

Nestled on a vast freehold section at 15 Statesman Street, Henderson, Auckland, this residential property boasts a mix of old-world charm and modern convenience. Constructed in 1960 with mixed materials for both the walls and roof, this home and income opportunity includes 5 bedrooms, a generous floor area of 250sqm, and parking for 6 cars. The property is maintained in average condition, sitting on a level contour, and offers a separate one-bedroom minor dwelling, ideal for extended families or as a home and flat for elderly parents.

With a current Capital Value (CV) of $2,430,000, this property has seen a CV increase of 107.69% since 2017, reflecting its high growth potential. The HouGarden AVM estimates the property's value at $2,260,000, while the latest sales history shows significant appreciation from $220,000 in 1996 to $271,000 in 1999. This investment is further enhanced by its location in the Terraced Housing and Apartment Zone, offering potential for substantial future capital gains.

For families with children, the property falls within the dual school zone of highly regarded Summerland Primary and Western Heights schools, with decile ratings of 5 and 3 respectively. Waitakere College, a secondary school with a decile rating of 3, is also in close proximity. This property not only promises a comfortable living environment but also a sound investment with exceptional rental returns and future development prospects.

Updated on May 31, 2024