2/6 Helena Street, Massey, Auckland - Waitakere

Nestled in a serene cul-de-sac at 2/6 Helena Street, Massey, Auckland, this residential dwelling is a charming find. Constructed in 1991 with a robust fibrous cement exterior and an iron roof, both in good condition, the property offers 3 bedrooms and 1 bathroom. It boasts a comfortable floor area of 72 square meters, sitting on an easy-to-moderate rise contour. The property is held under a Cross-Lease title, which adds to its unique character.

As for its financials, the capital value has seen a substantial increase from $500,000 in July 2017 to $740,000 as of June 2021, marking a growth of 48%. The HouGarden AVM estimates the property's worth at $720,000, while the latest sale records from 2012 and 1996 reflect a progressive value appreciation from $120,000 to $292,500. Clearly, this property has been a sound investment.

For families with school-aged children, the property falls within the zones of Massey High School (decile 4), Don Buck School (decile 2), and St Paul's School (Massey) - all reputable educational institutions. The combination of a strong CV growth and a desirable school network makes this property an attractive prospect for both investors and families.

Updated on July 30, 2024