Nestled in the serene and family-oriented cul-de-sac of Regency Place, Sunnynook, Auckland, this 1970-built property on a freehold title boasts a capital value that has surged by 50% over the past four years. The 97sqm floor area is complemented by three bedrooms, one bathroom, and a single car park, all set on a level 610sqm section with good condition fibrous cement walls and tiled roofing. The property's current CV stands at $1,425,000 as of June 2021, up from $950,000 in July 2017, with an additional HouGarden AVM estimate of $1,327,500. The latest sale history dates back to 2010 at $469,000 and 1994 at $127,000, indicating significant appreciation over time.
With a prime location in the Double Westlake Zone, the property is zoned for highly regarded schools such as Mairangi Bay School (Decile 10), Sunnynook School (Decile 8), Wairau Intermediate (Decile 7), and both Westlake Boys' and Girls' High Schools (Decile 9), offering an excellent educational opportunity for families. This is not just a warm and inviting home but also a sound investment with potential for future development, given its zoning for Residential - Mixed Housing Suburban Zone.
Whether you seek a family home, a development project, or a strategic land banking opportunity, this property holds immense appeal. It's an offer not to be missed, with immediate possession available. Imagine the possibilities and secure this gem today!
Updated on June 04, 2024