Nestled on a generous 1510m2 section with a serene blend of flat land and mature trees, this solid brick dwelling at 20 Chorley Avenue, Massey, Auckland, offers a promising investment opportunity. The 1965-built freehold property boasts 3 bedrooms, 2 carparks, and a floor area of 114m2. The home features average-condition brick walls and tiled roofing. With a CV of $975,000 as of June 2021, it has shown a notable increase of 16.07% from its $840,000 valuation in July 2017. Don't be fooled by the CV alone; this property holds immense potential for value addition.
Valuation history reveals a HouGarden AVM of $935,000, with the latest sale recorded in 2002 for $200,000. The property's location in a quiet cul-de-sac complements its capital growth trajectory. It's zoned for St Paul's School (decile 4) and Massey High School (decile 4), ensuring quality education for the kids. The property's convenient address, just 2.5km from the motorway onramps, provides easy access to the CBD and North Shore, with Lincoln Road's amenities nearby.
With a bit of elbow grease, the new owner can rejuvenate the street appeal by pruning the trees and planting new flora, enhancing the already picturesque frame windows that overlook the bush life. This is a golden opportunity for investors or first-home buyers looking to transform this prime real estate into a vibrant family home.
Updated on October 21, 2024