21 Cartmel Avenue, Massey, Auckland - Waitakere

Positioned in the serene environment of 21 Cartmel Avenue, Massey, Auckland, this freehold property is a gem for developers, builders, and growing families. Constructed in 2005 with a mix of materials for the walls and tiles for the roof, this dwelling boasts 4 bedrooms, 2 bathrooms, and 2 car parks, spread over a floor area of 156 sqm on a vast 1176 sqm section with a steep fall contour. The property has seen a significant Capital Value increase of 109.88% from $810,000 in 2017 to $1,700,000 as of June 2021. The HouGarden AVM estimates the property's value at $1,630,000, while the latest sales were recorded at $620,000 in 2014 and $425,000 in 2010. This residence, with its inviting entrance and expansive covered deck, offers a blend of functionality and charm, making it an ideal choice for those seeking a tranquil lifestyle within a prime school zone.

With a CV of $1.675m, the property presents a lucrative opportunity for investors, with potential development prospects at approximately $1100 per SQM. The location is further enhanced by the Massey Primary School (Decile 3), Massey High School (Decile 4), and St Paul's School (Massey) (Decile 4), ensuring top-notch education for the family. Don't miss the chance to landbank in this market that's on the turn!

Updated on October 11, 2024