Introducing a unique opportunity at 2a Archlynn Road, Kelston, Auckland - Waitakere, this property presents a blank canvas for those with the vision to transform potential into reality. The residence, built in the year 2000, spans 210m2 on a 434m2 freehold land, featuring four bedrooms, an office/study area, a rumpus, and three bathrooms including a master ensuite. Despite its current state of disrepair, it offers incredible potential for renovation or redevelopment. The property is constructed with roughcast walls and an iron roof, both in average condition, and sits on a level contour.
The property has seen a significant increase in capital value, from $850,000 in July 2017 to $1,125,000 in June 2021, marking a 32.35% growth. The latest HouGarden AVM estimates the property's value at $1,077,500. It last sold on February 8, 2024, for $410,000, highlighting its appeal as a bargain investment. This growth trajectory underscores the property's potential as a lucrative investment opportunity.
Located in a strategic area near schools, parks, and local shops, the property falls within the school zones of Kelston Intermediate (decile 2), Kelston Boys' High School (decile 3), Kelston School (decile 3), and Kelston Girls' College (decile 2), offering a range of educational options. Its proximity to amenities and educational institutions makes it an ideal project for those looking to capitalize on its potential.
Updated on April 05, 2024.