Nestled on a serene 2.0135ha of freehold land at 111 Waitakere Road, this residential sanctuary boasts a capital value that has skyrocketed by 92.84% since 2017, now standing at $1,880,000. The home, built in 1960 with iron roofing and wooden exterior walls in good condition, features 6 bedrooms, 2 bathrooms, and 2 car parks, spread across a floor area of 183 square meters. The property, perfect for large or extended families, includes two living areas, two kitchens, and two laundry rooms, catering to a comfortable and private lifestyle.
With a HouGarden AVM of $1,832,500 and a latest sale history that saw a jump from $700,000 in 2012 to $1,450,000 in 2017, this property presents a lucrative opportunity for investors. The City Council has granted a Resource Consent for six proposed residential lots, adding to its development potential. Located in a prime area near Kumeu/Swanson, it's minutes away from supermarkets, schools, and amenities, with easy access to Motorway 16 and Auckland CBD.
For families with children, the property falls within the zones of Waitakere School, a full primary with a decile rating of 8, Massey High School (Year 9-15) and St Paul's School in Massey, both with a decile rating of 4, ensuring quality education options.
Updated on August 20, 2024