Located at 30 Edmonton Road, Henderson, Auckland - Waitakere, this residential property offers a unique home & income opportunity with subdivision potential. The main dwelling, a solid brick home, features 5 bedrooms, 2 lounges, and 2 bathrooms/toilets. Additionally, there is a minor dwelling constructed from Hardiplank weatherboard, comprising 2 bedrooms, 1 bathroom/toilet, and a lounge. The property also boasts an extra double garage and double carports, providing ample off-street parking. The land area spans 809 square meters with a floor area of 190 square meters, under freehold ownership. Built in 1995, both the wood wall construction and iron roof are in average condition, sitting on an easy/moderate rise contour.
The capital value of the property has seen a significant increase, from $1,250,000 in July 2017 to $1,665,000 in June 2021, marking a 33.2% growth. The latest HouGarden AVM estimates the property's value at $1,597,500. Historically, the property was sold for $495,000 in December 2006 and $520,000 in September 2011. This property is a prime investment for home buyers, land bankers, developers, and investors, especially considering the high interest rates impacting the market. A draft design for a 7 townhouse subdivision or 5 freestanding houses, subject to council approval, highlights its potential, supported by the subdivision success of neighboring properties.
The property is zoned for several schools, including Rutherford College (Secondary, decile 5), Rangeview Intermediate (Intermediate, decile 4), Henderson High School (Secondary, decile 3), and Henderson School (Contributing, decile 3). Its location offers convenience, being within walking distance to Westcity shopping mall, Pak'n'Save, west wave pool, and Unitec Henderson campus, among other local facilities. The property has separate water and power meters for the main and minor dwellings, ensuring no flooding issues and accessible services.
Updated on April 05, 2024.