74 Waimumu Road, Massey, Auckland - Waitakere

Nestled on a serene cul-de-sac at 74 Waimumu Road, Massey, this freehold property is a gem for the discerning buyer. Constructed in 1963 with wood exterior walls and an iron roof, the house stands in good condition both inside and out. It boasts 5 bedrooms, 2 bathrooms, a single carpark, and a generous floor area of 290 square meters on a land area of 680 square meters, with an easy-to-moderate contour. The property's capital value has seen a remarkable increase, rising from $870,000 in 2017 to $1,450,000 as of 2021, reflecting a growth rate of 66.67%. The HouGarden AVM estimates the property's value at $1,460,000, while the latest sale history shows transactions at $850,000 in 2024 and $159,000 back in 1993.

For families with children, the property falls within the zones of both Massey High School (Secondary, Decile 4) and St Paul's School (Contributing, Decile 4), ensuring quality education is within reach. The house itself offers flexible living arrangements, with potential for multi-unit utilization or room rentals, enhancing investment yield. The large section of 608 square meters could accommodate a second dwelling, subject to council approval, potentially adding to the property's allure.

Located in the vibrant Massey community, the property is close to Keegan Park, Sarajevo Reserve, and Zita Maria Park, with convenient access to shopping malls like Costco, Westgate, and Northwest Malls. Public transport and quick motorway access make commuting a breeze. This is not just a home; it's a sound investment opportunity waiting to be seized.

Updated on September 04, 2024