70 Rauhuia Crescent, Parau, Auckland - Waitakere

Introducing an exquisite residential dwelling at 70 Rauhuia Crescent, Parau, Auckland - Waitakere. This freehold property, built in 1970, features 2 bedrooms, 2 carparks, and a floor area of 110sqm. The exterior walls are constructed with Aluminium, in good condition, while the roof, made of Iron, is also well-maintained. It sits on a 1077sqm section with an easy/moderate rise contour, providing a serene environment in a quiet cul-de-sac. The property has seen a significant Capital Value increase of 26.87% from $670,000 in 2017 to $850,000 as of June 2021. HouGarden AVM estimates the property's value at $815,000. This home offers an affordable entry into the market with immense potential for value addition.

As for the government valuation, the rapid increase reflects a promising investment opportunity. The recent sale history and the AVM further validate the property's growing worth. With a bit of creativity and tender loving care, this property can truly transform into a haven, especially with the added benefit of a separate double garage and flexible storage or study space.

For families with school-aged children, the property falls within the zone of Green Bay High School, a secondary school with a decile rating of 8. This indicates a high standard of education in a family-friendly neighborhood. This combination of location, potential, and affordability makes it an ideal choice for both first-home buyers and investors.

Updated on April 29, 2024