13/90 Hobsonville Road, Hobsonville, Auckland - Waitakere

Nestled in the dynamic Hobsonville area, Unit 13 at 90 Hobsonville Road presents an attractive investment opportunity on a level contour with mixed-material walls and a robust iron roof, both in good condition. This 47m2 ground-floor unit, with a unit title, boasts a modern bathroom, a dedicated carpark, and convenient features such as a 6m stud height, fibre broadband, and LED lighting. Built in 2023, its capital value as of June 1, 2021, stands at $400,000. Notably, the property's value has seen a significant increase, evident from the latest sale of $240,000 in 2024, following a previous sale at $325,000 in 2020. The HouGarden AVM estimates the property's worth at $397,500, indicating a promising growth trend.

From an investment perspective, the property's location within a prime school zone adds to its allure. The nearby Hobsonville School is a full primary with a decile rating of 7, while the Hobsonville Point Secondary School is a top-rated secondary school with a decile rating of 10. Additionally, St Paul's School in Massey, a contributing school, has a decile rating of 4. These educational institutions enhance the property's appeal for families and investors alike.

With a price drop, these units are now even more attractive for investors seeking a sound and affordable investment with excellent potential. Don't miss out on this opportunity to secure your investment in a thriving community.

Updated on November 27, 2024