Nestled in the serene Landsdale Place of Massey, Auckland, this freehold property on a 572m2 site is a gem for families and developers alike. It boasts 2 bedrooms, a single carpark, and a floor area of 130m2. The exterior walls, crafted from wood, and the tiled roof are both in good condition. Moreover, the property has obtained resource and building consent for 3 dwellings, presenting a golden opportunity to build your dream home. Historically, the capital value has seen a significant leap, from $170,000 in 1996 to the current government valuation of $1,000,000 as of June 2021. The latest sale in September 2024 was at $935,000, with the HouGarden AVM estimating the property’s worth at $990,000. This indicates a substantial growth percentage in capital value.
On the financial front, the property has shown a promising increase in its capital value, reflecting a potential investment opportunity. The recent sale history and the AVM further validate the property’s escalating worth in the market.
For families with children, the property falls within a desirable school zone. With top-notch local schools and an easy/moderate rise contour, it ensures a peaceful and conducive environment for learning and growth.
Updated on November 06, 2024