Nestled in the serene cul-de-sac of Mclennan Road, this freehold property in Mount Wellington, Auckland, boasts a capital value that has seen a staggering increase of 74.11% from $560,000 in 2017 to $975,000 as of June 2021. Constructed in 1965 with wood exterior walls and an iron roof, this dwelling maintains an average condition both inside and out. Spanning a floor area of 127 square meters on a land area of 675 square meters, the property offers 3 bedrooms, 1 bathroom, and is devoid of carparks. The latest sales history showcases a significant leap from $770,000 in August 2023 to $1,149,000 in August 2024, with the HouGarden AVM estimating the property's worth at $980,000.
For families with school-aged children, the property falls within the Otahuhu College zone, a secondary school with a decile rating of 1. The convenient location, coupled with the property's capital value growth potential, makes it an attractive investment for both homeowners and investors alike.
Boasting a property contour that ranges from easy to moderate fall, this residence invites a lifestyle of comfort and privacy. The well-sized bedrooms and modern bathroom fixtures promise tranquility, while the additional 5 utility rooms provide versatile spaces for various pursuits. With its recent renovations and move-in ready status, this property is not just a house but a haven waiting to be called home.
Updated on October 02, 2024