Nestled in the serene Alloway Street of Westgate, Auckland, this 5-bedroom, 1-bathroom residence with 2 car parks stands majestically on a freehold section of 725sqm. Constructed in 2017 with a mixed-material exterior and a Malthoid roof, the property boasts a level contour and is in good condition both inside and out. The capital value has seen a remarkable increase from $760,000 in 2017 to $1,650,000 as of June 2021, reflecting a growth rate of 117.11%. The HouGarden AVM estimates the property at $1,582,500, while the latest sale was in 2012 for $280,000.
From a valuation perspective, the property's rapid CV increase signifies a sound investment in a developing area. The location is further enhanced by its proximity to Massey High School (Decile 4), St Paul's School (Massey) also a Decile 4, and Royal Road School (Decile 2), all within the desirable school zone.
With a spacious floor area of 287sqm, this home offers privacy and convenience, just a short drive from shopping centers, parks, and entertainment. The auction has been brought forward, presenting a golden opportunity to secure a piece of Auckland's Northwest.
Updated on April 19, 2024