Welcome to 5 Raki Lane, a charming residence nestled in a quiet cul-de-sac of Wellsford, Auckland - Rodney. This 2-bedroom, 1-bathroom dwelling with a single carpark is set on a freehold title, encompassing a floor area of 99 square meters and a land area of 301 square meters. The exterior boasts mixed materials for the walls and iron for the roof, both in good condition. Built in 2024, the property enjoys an easy/moderate fall contour, ensuring a serene and private setting. The latest sale was recorded on September 9, 2024, at $689,000, reflecting a significant increase from the government's capital value of $610,000 as of June 1, 2021. HouGarden AVM estimates the property's worth at $582,500, making it an attractive investment with a promising growth trajectory.
As for the government valuation, the capital value has shown a steady rise over the years, indicating a secure investment with strong potential for capital gains. The recent sale history and the increasing CV percentage highlight the property's desirability and the area's growing popularity.
For families with children, the property falls within the zones of Rodney College, a secondary school with a decile rating of 4, and Wellsford School, a full primary school with a decile rating of 3. This sought-after location provides access to quality education, adding to the property's appeal.
Updated on October 09, 2024