Nestled at 58 Kaiwaka Road, Waiuku, Auckland - Franklin, this freehold property boasts a modernized brick and tile construction, built in 2003. It features 3 bedrooms, a floor area of 158 square meters, and is situated on a level 601 square meter section. The iron roof and good condition brick walls provide a sturdy structure, while the open plan living area and recently renovated kitchen with modern appliances create a comfortable and inviting space. The property's capital value has seen a significant increase of 28.8% from $590,000 in 2017 to $760,000 as of June 2021, reflecting its growing investment potential.
With a HouGarden AVM of $740,000 and a latest sale history of $525,000 in 2015, this property presents a lucrative opportunity. The previous sale in 2006 was for $335,000, demonstrating the consistent capital value growth over the years. This is a perfect choice for first home buyers or those looking to downsize, with its chic updates including LED lighting, tiled bathrooms, and hard flooring.
Educationally, the property falls within the zones of Waiuku Primary School, a full primary with a decile rating of 5, and Waiuku College, a secondary school catering to Years 9-15 with a decile rating of 6. Its convenient location within walking distance to these schools and local amenities adds to the appeal of this property.
Updated on August 20, 2024