Nestled on 903m2 of level land, this freehold property at 5 Simpson Road, Ranui, Auckland, is a gem for homeowners, developers, and investors alike. The existing 88m2 residential structure, built in 1970 with wood walls and iron roof in good condition, offers 4 bedrooms, 1 bathroom, and 2 car parks. The property's 'Mixed Housing Urban' zoning presents a world of potential. With a CV of $1,150,000 as of June 2021, it has shown a 53.33% increase since July 2017. The HouGarden AVM estimates the property's value at $1,067,500, while the latest sales were for $930,000 in May 2021 and $550,500 in November 2014.
For families, the property falls within the decile 3 school zones of Swanson School (Full Primary), Waitakere College (Secondary), and Henderson Intermediate. The location is convenient, with Ranui Train Station and bus stops within walking distance, and a short drive to shopping centers and the north-western motorway.
Don't miss this opportunity to create your ideal living space or investment in a rapidly developing area of West Auckland.
Updated on May 17, 2024