87 Deep Creek Road, Waiake, Auckland - North Shore

Nestled on a generous corner site at 87 Deep Creek Road, Waiake, Auckland, this 3-bedroom residence boasts a freehold title and a prime location. Constructed in 1970 with fibrous cement walls and tiled roofing, the property presents an average condition both inside and out. It spans a floor area of 170 square meters and is set on a level plot of 1017 square meters, complete with fruit trees and a view of the sea from the large lounge. The home features extra wide doorways for wheelchair access and a vast upper-level attic ideal for storage. Ample off-street parking accommodates vehicles, a boat, or a trailer. The property has seen a significant Capital Value increase of 55.64% from $1,330,000 in 2017 to $2,070,000 as of June 2021. The HouGarden AVM estimates the property's worth at $1,925,000. Historically, it has been a sought-after investment, with a rental potential of $850 per week and move-in costs totaling $4,250.

With a CV growth that outpaces the market average, this property is not just a home but a sound investment. The recent sale history and rapid CV appreciation are testament to its appeal. The property's value has skyrocketed, making it an attractive opportunity for buyers looking for both a quality lifestyle and financial growth.

For families with school-aged children, the property falls within the decile 10 school zones of Long Bay College, Northcross Intermediate, and Torbay School. These institutions are renowned for their academic excellence and provide a quality education within walking distance.

Updated on May 31, 2024