Nestled in the tranquil cul-de-sac of 70 Racecourse Road, Waiuku, this freehold property is a low-maintenance, 3-bedroom residence exuding modern charm. Constructed in 2018 with fibrous cement walls and an iron roof, both in good condition, this dwelling boasts a floor area of 94 sqm on a levelled 301 sqm section. The interior is graced with a spacious open-plan kitchen, dining, and living area that seamlessly transitions to a sun-kissed deck, ideal for family entertainment. It includes a combined bathroom, separate laundry, and a tandem carport for 2 cars. Additional features include a near-new heat pump, gas cooking, and space for a boat or caravan. This property, valued at $660,000 as per the latest government valuation, has seen a CV increase of 60.98% since 2017. The HouGarden AVM estimates it at $612,500, while the latest sale on December 5, 2021, was for $755,555. It is located within the Waiuku College zone, a secondary school with a decile rating of 6.
With a rapid capital value increase and a recent sale history indicating a thriving property market in the area, this home presents a sound investment opportunity. It's a perfect lockup and leave option, conveniently situated close to parks, sports facilities, and opposite the golf course, offering serene park-like views.
For families with school-aged children, the property falls within the Waiuku College zone, a reputable secondary school with a decile rating of 6, ensuring quality education is within easy reach.
Updated on July 12, 2024