77 Gardner Avenue, New Lynn, Auckland - Waitakere

Welcome to a remarkable residential property at 77 Gardner Avenue, New Lynn, Auckland - a haven for investors, extended families, and land bankers. This freehold property with Iron roof and Wood exterior walls features two dwellings on a 961m2 section. The front dwelling, a perfect family haven, boasts 3 bedrooms and a rumpus room, while the rear property offers modern 2-bedroom comfort. Each has its own garage, and both are currently rented, providing a steady dual income. The property has seen a 49.12% increase in Capital Value from $1,425,000 in 2017 to $2,125,000 as of 2021. The HouGarden AVM estimates the property's worth at $2,072,500, with the latest sale in 2024 at $1,566,812. Educationally, the property falls within the zones of Kelston Intermediate (Decile 2), Kelston Boys' and Girls' Colleges (Deciles 3 and 2 respectively), and New Lynn School (Decile 4), among others, making it an ideal investment for families.

This property presents a golden opportunity to capitalize on rental income, land appreciation, and future development prospects in a strategically located and sought-after area. Don't miss the chance to enhance your investment portfolio with this unique dual-income property.

With a strong school network including Kelston Intermediate and various high schools, this property is not just an investment but a foundation for a bright educational future.

Updated on August 21, 2024