Discover the potential of 87a Edmonton Road, Henderson, Auckland - Waitakere, a spacious property ideal for families looking to put their personal touch on their next home. This property, categorized as Residential - Vacant land multiple housing, features 5 bedrooms, a generous floor area of 156m², and sits on a substantial 1027m² section. The freehold property boasts fibrous cement walls in average condition and an iron roof, also in average condition, on a land contour described as Easy/Moderate Fall. With 1 carpark available, this property presents a blank canvas for those ready to undertake a rewarding renovation project.
Since 2017, the capital value of this property has seen a significant increase from $800,000 to $1,145,000, marking a 43.125% growth. The latest HouGarden AVM estimates the property's value at $1,125,000. Historical sales data reveals a sale for $940,000 on January 21, 2024, and a previous sale at $1,160,000 on December 23, 2021, highlighting the property's appreciating value and investment potential. This trajectory suggests a promising opportunity for further value enhancement through renovation and development, subject to council approval.
Located within a desirable school zone, this property offers access to a range of educational institutions including Rutherford College (Secondary, decile 5), Rangeview Intermediate (Intermediate, decile 4), Edmonton School (Contributing, decile 4), Henderson High School (Secondary, decile 3), and Henderson School (Contributing, decile 3). This family-friendly location is perfect for those seeking a balance of tranquility and convenience, with nearby shopping, schools, parks, and a serene atmosphere. Don't miss this rare opportunity to create your dream family home in a sought-after location.