1 Elm Street, Waiuku, Auckland - Franklin

Nestled in the tranquility of 1 Elm Street, Waiuku, Auckland - Franklin, this charming residential unit boasts a 2-bedroom, 1-bathroom layout, ideal for first-time buyers or investors. Constructed in 1970 with a mix of materials for the walls and tiles for the roof, this cross-lease property sits on a level contour with an average wall and roof condition. The 90sqm floor area is thoughtfully designed with an open plan living and dining downstairs, complemented by a heat pump for all-season comfort, and a separate kitchen and laundry for practical living. Upstairs, two bedrooms and a bathroom offer privacy and convenience. With a CV of $500,000 as of June 2021, representing a growth of 47.06% since July 2017, and an estimated value of $490,000 by HouGarden AVM, this property also boasts a sales history with the latest transaction at $450,000 in June 2024. In a sought-after school zone, Waiuku College, a secondary school with a decile rating of 6, is within easy reach. Don't miss the opportunity to secure this low-maintenance townhouse in a rapidly appreciating area.

With a recent sale in November 2020 at $430,000, this property presents a golden chance for those looking to enter the market or expand their portfolio. The immediate settlement and vacant possession make it an even more attractive proposition. Embrace the convenience of being close to local amenities, schools, and recreational facilities, all while enjoying the privacy and safety of a fenced deck and lawn. In a competitive market where affordable homes are highly sought after, this property is set to be snapped up quickly.

For families with children, the school network is a significant plus. Waiuku College's reputable secondary education ensures a bright future for the young ones. This property not only promises a comfortable living environment but also a sound investment with its increasing capital value and desirable location.

Updated on August 20, 2024