117/172 Mcleod Road, Te Atatu South, Auckland - Waitakere

Nestled within the serene St Clairs Village, a rapidly developing gated community, this 2005-built property on 117/172 Mcleod Road, Te Atatu South, Auckland, presents a compelling case for homeowners and investors alike. The 2-bedroom, 1-bathroom unit with a single carpark boasts a floor area of 99m2 and is governed by a Unit Title. The exterior is crafted from a mix of materials, while the roof is tiled. With a government valuation of $435,000 as of June 2021, showing a 23.68% decrease from the 2017 valuation of $570,000, this property's Capital Value growth history is a notable consideration. The HouGarden AVM estimates the property at $562,500, with the latest sales in 2020 and 2013 fetching $390,000 and $337,000 respectively.

For families, the school network is a significant draw, with Rutherford College (Decile 5) for secondary education, Rangeview Intermediate (Decile 4), and others within easy reach. The property's convenient layout, recently refreshed with a repaint, offers an open-plan design that's perfect for modern living. The neutral-toned kitchen and bathroom add to the appeal, while the heat pump ensures year-round comfort. Investors will be enticed by the rental potential of $550 - $590 per week, promising an approximate 5% yield.

Located in a prime position, this property benefits from its proximity to McLeod Park, a variety of schools, and the amenities of Henderson, including cafes, restaurants, and WestCity shopping hub. It's a choice that combines convenience, comfort, and long-term value, making it an exceptional opportunity not to be missed.

Updated on November 13, 2024