96 Colwill Road, Massey, Auckland - Waitakere

Nestled in the prime location of 96 Colwill Road, Massey, Auckland, this freehold property is a Residential - Dwelling category gem. Constructed in 1960 with solid brick walls and tiled roof, the spacious 4-bedroom, 2-bathroom home spans approximately 240m2, complemented by a 1520m2 land area with an easy/moderate fall contour. It boasts a capital value of $1,700,000 as of June 2021, marking a 40% increase from its $1,215,000 valuation in July 2017. The property includes a heat pump, solar water heating, and a comprehensive security system, offering both comfort and efficiency. Its generous deck provides entertainment with harbour and city views. The property is in a school zone with Massey High School (decile 4), Colwill School Massey (decile 2), and St Paul's School (decile 4) nearby. The HouGarden AVM estimates the property's value at $1,630,000, making it an attractive opportunity for developers, investors, or extended families seeking a subdivisible asset with vast potential for capital gains.

With a resource consent in place for subdivision into two additional sections, and public drainage works completed, this property presents a developer's dream. Whether it's demolishing the existing house for new residences, retaining the current home and building at the rear, or using the existing consent to develop two sections, the options are versatile. For investors, renting out the existing house provides immediate income while reaping future gains. The prime location offers convenient access to Motorway 16, Westgate, NorthWest Shopping Centre, and is just a short walk to Colwill School and the Kindergarten, making it an ideal multi-generational living space or investment.

Don't miss the chance to secure this expansive section and substantial home with vast potential in a sought-after school zone. This is a rare opportunity that calls for immediate action.

Updated on October 22, 2024