Nestled in the serene Massey, this freehold property on 2/124 Waimumu Road boasts a versatile layout with 4 bedrooms and a single carpark. Constructed in 1996 with iron roofing and fibrous cement walls in good condition, it spans a floor area of 110sqm on a generous 509sqm section with an easy/moderate contour. The property's Capital Value (CV) has seen a 35.29% increase from $680,000 in 2017 to $920,000 as of June 2021. HouGarden's AVM estimates it at $857,500, while the latest sales were in 2012 for $380,000 and in 1997 for $195,000.
For investors, the property presents a lucrative opportunity with its value doubling since 2012. It includes a converted garage into a granny flat, ideal for extended family or teens seeking privacy. The home features HRV for comfort, an inviting deck, and additional storage in the garden shed. It's located in the zone for both Massey High School (Decile 4) and St Paul's School (Massey) - a Contributing school also with a Decile 4 rating.
This property isn't just a dwelling; it's an investment in a lifestyle. Whether you're after a family home with potential supplementary income or a strategic investment, it's a chance not to be missed. Explore the possibilities this property offers in a prime location within a sought-after school zone.
Updated on May 23, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.20 km | 3 | 1 | -m2 | 2024 12 01 | - | Council approved | |
 | 0.16 km | 3 | 1 | 0m2 | 2024 10 01 | $772,000 | Council approved | |
 | 0.26 km | 3 | 1 | 90m2 | 2024 09 19 | $857,551 | Council approved | |
 | 0.25 km | 3 | 1 | 80m2 | 2024 08 23 | - | Council approved | |
 | 0.03 km | 2 | 1 | 90m2 | 2024 07 25 | $712,000 | Council approved |