Nestled in the serene Magnolia Drive, this charming 3-bedroom brick home on a freehold title boasts a capital value that has surged by 31.03% since 2017. Constructed in 2000 with brick walls and tiled roof, both in good condition, the property sits on a level contour with a floor area of 150 sqm and a land area of 479 sqm. The interior is warm and inviting, thanks to the heat pump and a neutral color scheme, while the living area opens to a private patio, perfect for alfresco dining. The kitchen, with its breakfast bar, is the heart of the home. The property is within the catchment of Waiuku College (Decile 6) and Waiuku Primary School (Decile 5), and has a HouGarden AVM of $740,000, with the latest sale recorded at $715,000 in 2024.
With a CV of $760,000 as of June 2021, this property has seen a significant increase from its $580,000 valuation in July 2017. The latest sales history shows a substantial growth from $325,000 in 2012 to the recent $715,000 in 2024, reflecting a desirable investment opportunity in a quiet cul-de-sac of Waiuku, Auckland.
For families with children, the property falls within the zones of Waiuku College, a secondary school catering to Years 9-15, and Waiuku Primary School, a full primary school. Both institutions are rated highly, making this an ideal location for those who value education.
Updated on August 21, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.18 km | 3 | 1 | 100m2 | 2024 11 29 | $670,000 | Council approved | |
 | 0.20 km | 4 | 2 | 205m2 | 2024 10 02 | - | Council approved | |
 | 0.19 km | 2 | 1 | -m2 | 2024 10 01 | - | Council approved | |
 | 0.22 km | 3 | 1 | -m2 | 2024 10 01 | - | Council approved | |
 | 0.21 km | 3 | 2 | -m2 | 2024 07 01 | $740,000 | Council approved |