Nestled on a serene cul-de-sac at 24 Preston Avenue, Henderson, this freehold property boasts a capital value that has surged by 50% since 2017, now standing at $1,050,000. Constructed in 1972 with robust fibrous cement walls and tiled roofing, both in good condition, this residence offers 3 bedrooms, 1 bathroom, a single carpark, and a generous floor area of 93sqm on a land plot of approximately 703sqm. The property's contour allows for easy to moderate fall, adding to its development potential, subject to council approval.
With a HouGarden AVM of $1,005,000 and a latest sale history that saw it sold for $320,000 in 2005, this property presents a sound investment. The government's valuation history and the rapid CV increase reflect the area's growing desirability. Previously sold for $183,000 in 2000, the property's value has seen significant appreciation.
For families with children, the property falls within the zones of Pomaria Road School, Waitakere College, Henderson Intermediate, and St Paul's School (Massey), all of which have a decile rating of 3 or 4. Close to supermarkets, amenities, and motorways, this home is not just a dwelling but a foundation for a thriving family life.
Updated on October 21, 2024