Nestled in a serene cul-de-sac on Ribblesdale Road, this 1974-built, brick exterior, tile-roofed 2-bedroom, 1-bathroom unit with a single car park is a gem for the discerning investor or renovator. Sitting on a cross-lease section, it offers approximately 100 square metres of floor area with a capital value (CV) of $730,000 as of June 2021, reflecting a growth of 44.55% since July 2017. The property is in good condition both in walls and roof, and boasts a generous master bedroom, a bath-equipped bathroom, and a separate toilet. With a HouGarden AVM of $735,000 and a latest sale history of $155,000 in July 1997, this property is ripe for transformation. Plus, there's no Body Corp fee to worry about!
With a builder's report available for review and potential for a sunroom addition, this property is a blank canvas waiting for your touch. The CV increase history and the potential for further value addition make it a lucrative opportunity. It's located within the zones of Bruce McLaren Intermediate School (Decile 2), Sunnyvale School (Decile 3), and Henderson High School (Decile 3), ensuring quality education options for families.
Conveniently positioned minutes away from Sunnyvale Primary School and the vibrant hubs of Henderson and New Lynn, this property offers easy access to shopping malls, restaurants, and cafes. Don't miss this prime investment opportunity that's set to sell. Auction: Thursday, 26 September 1:00pm.
Updated on September 27, 2024