72 Pomaria Road, Henderson, Auckland - Waitakere

Positioned on a flat 809 sqm lot at 72 Pomaria Road, Henderson, Auckland, this freehold property is a prime investment opportunity. Constructed in 1962 with wood walls and an iron roof, the house currently stands with 3 bedrooms, 1 bathroom, and a single car park. The property's Capital Value has seen a remarkable increase from $800,000 in 2017 to $1,475,000 as of June 2021, reflecting an increase of 84.375%. The house is in need of some urgent attention to reach its full potential. The site, zoned for MHU, is as level as a soccer field and is conveniently located near motorways, train stations, bus stops, and a shopping mall. The surrounding school network includes Pomaria Road School, Waitakere College, and Henderson Intermediate, all with a decile rating of 3.

As per the HouGarden AVM, the property is valued at $1,440,000, making it an attractive prospect for investors. The property's potential is further enhanced by the possibility of renovation, land banking, or following the neighboring property's lead in adding more dwellings to increase rental income or embark on a larger development project. This is a final call for potential buyers, as the auction is set for this Saturday at 3:30pm.

With a promising school zone and a location that offers convenience and potential for growth, this property is not to be missed by those seeking a wise real estate investment.

Updated on August 02, 2024