Nestled in a serene cul-de-sac at 697a Swanson Road, Swanson, Auckland, this charming 2-bedroom, 1-bathroom bungalow on a freehold section of 712 sqm is a rare gem on the market. Constructed in 1954 with wood walls and an iron roof in good condition, this property is a perfect blend of retro charm and modern potential. The capital value has seen a significant increase from $660,000 in 2017 to $1,005,000 as of June 2021, reflecting a growth rate of 52.27%. The HouGarden AVM estimates the property's worth at $995,000. With a school-friendly location, Swanson School and Waitakere College, both with a decile rating of 3, are within easy reach, while St Paul's School in Massey, rated decile 4, is also nearby. Whether you seek a family home or an investment opportunity, this property offers endless possibilities.
Boasting a spacious floor area of 63 sqm, the bungalow is ideal for renovation and creative transformation. The generous section allows for potential development, subject to council approval, and offers ample space for outdoor activities. The prime location, with amenities and transport links nearby, complements the convenience of living here. The property, currently tenanted with the option for vacant possession, features a new roof installed in 2023, enhancing its appeal for both investors and families.
Embrace the opportunity to be part of a desirable school zone, where education and community come together. This property not only promises a comfortable living environment but also holds potential for capital growth and a thriving future.
Updated on November 06, 2024