48 Edgewater Parade, Waiuku, Franklin

Nestled at 48 Edgewater Parade in the serene Waiuku, Auckland, lies a charming residential dwelling on a freehold site, built in 1994 with solid brick walls and an iron roof in good condition. This 170sqm floor area home boasts 3 bedrooms, 2 bathrooms, and is set on a level 961sqm section with a well-kept garden. The property, with a CV of $820,000 as of June 2021, has seen a 23.19% increase since July 2017, reflecting its growing value. The latest sales were in 2014 for $476,000 and 2003 for $254,000, while the HouGarden AVM estimates it at $750,000.

History shows a promising trend in the property's capital value growth. The current CV of $820,000 is a significant leap from the $670,000 in 2017, indicating a healthy investment opportunity. The quiet cul-de-sac location adds to the appeal, as does the property's versatility, which includes ample garaging and carport space for the enthusiast.

For families with school-aged children, the property falls within the zones of Sandspit Road School, a full primary with a decile rating of 6, and Waiuku College, a secondary school catering to Years 9-15, also with a decile rating of 6. This ensures access to quality education within the community.

Updated on December 05, 2024