Nestled on a freehold section of approximately 613m2, this 2-bedroom, 1-bathroom residence with a single carport at 10 Kellett Road, Ranui, Auckland, offers a prime opportunity for investors and first-time buyers. Constructed in 1980 with fibrous cement walls and tiled roofing, both in good condition, this home is ready for its next chapter. The capital value has seen a significant increase from $590,000 in 2017 to $830,000 as of June 2021, reflecting a growth rate of 40.68%. The property, with a floor area of 79m2, is situated on a section with an easy/moderate rise contour and boasts an open plan living space with a wood burner fire, wrap around covered timber decks, and a fully fenced backyard. The latest sale was in 2020 for $635,015, and the HouGarden AVM estimates the property's value at $825,000.
For families, the property falls within the decile 3 school zones of Swanson School (Full Primary), Waitakere College (Secondary), and Henderson Intermediate. This quiet cul-de-sac location, just a five-minute drive from the Ranui Train Station, is both convenient and peaceful.
Don't miss this chance to add value to an ideal starter property or investment. It's a beginner's bargain that must be sold!
Updated on November 26, 2024