12 Ranui Avenue, Ranui, Auckland - Waitakere

Discover the potential of 12 Ranui Avenue, Ranui, Auckland - Waitakere, a property that offers a blend of comfort and opportunity. This home, built in 1968, features 3 bedrooms, 1 bathroom, and a carpark, spread over a floor area of 86m2 and sitting on a generous 825m2 freehold land. The property is constructed with brick walls and an iron roof, both in average condition, and is perfectly level, making it an ideal canvas for any development or renovation plans. The property falls under the 'Residential - Vacant land multiple housing' category, highlighting its potential for multiple housing developments.

The property's capital value has seen a remarkable increase, from $710,000 in July 2017 to $1,540,000 in June 2021, marking a 116.9% growth. This growth is supported by a HouGarden AVM of $1,475,000. Its sale history reveals a consistent upward trajectory, with sales in February 2016 for $705,000 and in August 2006 for $330,000. This property not only promises a solid investment but also a golden opportunity for development, given its zoning for Terrace Housing and Apartment Building and easy access to essential services.

Education is well catered for, with the property zoned for Waitakere College and Henderson Intermediate, both of which are decile 3 schools. This ensures a good educational environment for families looking to move into the area. The property's location near Pooks Reserve and Playground, as well as its proximity to the train station, adds to its appeal, offering both tranquility and convenience.

Updated on April 05, 2024.