Nestled at 50 Jillian Drive, Ranui, Auckland, on a freehold title, this 1972-built residential property offers a prime opportunity. The 3-bedroom, 1-bathroom bungalow with a single carpark boasts a fibrous cement exterior, an iron roof in good condition, and a levelled property contour. Inside, the 90sqm floor area is complemented by a modern kitchen and bathroom, while the large sunny deck provides an ideal space for outdoor dining and entertainment. The property sits on a 672sqm section, fully fenced and zoned for terrace housing and apartment building. The capital value has seen a significant increase from $665,000 in 2017 to $1,340,000 as of June 2021, reflecting a growth rate of 1.015. The HouGarden AVM estimates the property at $1,245,000, with the latest sales in 2009 and 2008 at $295,000 and $355,000 respectively. For families, the property falls within the decile 3 school zones of Waitakere College and Henderson Intermediate.
After a week of contemplation, the auction has been cancelled, and the property is now priced to sell. This is a golden opportunity for first-home buyers or developers. The motivated vendor invites all offers, but hurry, as at this price, it won't last long. The house has undergone recent renovations and is ready to be enjoyed. The location is convenient, with a train station within walking distance and abundant local amenities.
When it comes to education, the property is in a desirable school zone. Waitakere College, a secondary school with a decile rating of 3, and Henderson Intermediate, also rated 3, are the nearby educational institutions. This combination of a well-appointed home in a sought-after location with excellent school options makes 50 Jillian Drive an irresistible proposition.
Updated on May 20, 2024