Nestled on a freehold site at 2/55c Springs Road, Parakai, Auckland - Rodney, this 3-bedroom, 1-bathroom residence is a gem for any prospective homeowner. Constructed in 1990 with iron roofing and wooden walls in good condition, the 96sqm floor area is complemented by a level 339sqm land. The property has seen a significant Capital Value (CV) increase from $510,000 in 2017 to $720,000 as of June 2021, marking a growth of 41.18%. The HouGarden AVM estimates the property at $700,000, while the latest sales were recorded at $255,000 in 2013 and $262,000 in 2007. This home, with its generous living area facing north for all-day sun and ample storage, is perfect for a family looking to settle in a quiet environment.
For families with school-going children, the property falls within the zones of Parakai School, a Full Primary with a decile rating of 3, and Kaipara College, a Secondary school catering to Year 9-15 with a decile rating of 7. This combination of quality education options and the property’s growing CV makes it an attractive investment for first-time buyers.
With a fully fenced yard, this recently renovated home offers serious value for money. It’s a paradise for first home buyers, ready to move in and enjoy the benefits of a well-maintained property in a sought-after location.
Updated on August 20, 2024