370 Kingseat Road, Kingseat, Auckland - Franklin

Nestled on a serene freehold section at 370 Kingseat Road, Kingseat, this Auckland-Franklin property boasts a spacious 450sqm floor area and is set on a generous 9924sqm land. Constructed in 1990 with a mix of materials for the walls and iron for the roof, this Linea weatherboard and plaster over brick home stands in good condition both inside and out. The property's contour allows for an easy to moderate rise, perfect for the large home and two sheds it accommodates. The main residence features 6 bedrooms, while additional amenities include a separate lounge, rumpus room, and garaging for 3 cars.

As for financials, the property has seen a CV increase of 30.14% from $1,825,000 in 2017 to $2,375,000 as of June 2021. The HouGarden AVM estimates the property's value at $2,317,500. Notably, the latest sale was for $1,400,000 in 2017 and $900,000 in 2006. This property also presents a unique income opportunity with a 450m2 shed currently generating $52,000 per annum in rental income.

For families with children, the property falls within the zones of Rosehill College (Decile 5), Patumahoe Primary School (Decile 8), and Pukekohe Intermediate (Decile 5), ensuring access to quality education. The combination of a prime location, solid property value growth, and additional income potential makes this property an attractive investment opportunity.

Updated on August 20, 2024