15b Mellsop Avenue, Waiuku, Auckland - Franklin

Nestled in the serene Waiuku, Auckland, 15b Mellsop Avenue presents a charming 2-bedroom, 1-bathroom residence with a brick exterior and tile roofing, built in 1991. This cross-lease property sits on an easy-to-moderate fall contour and boasts a floor area of 70 square meters. The well-maintained property features a separate laundry and carport, offering both comfort and convenience.

With a CV of $510,000 as of June 2021, the property has shown a remarkable increase of 34.21% since July 2017. The HouGarden AVM estimates the property's value at $465,000, while the latest sales history includes a transaction of $480,000 in 2024 and $205,000 in 2013. This represents an attractive 5% yield opportunity for investors.

Educationally, the property falls within the zones of Waiuku College (Secondary, Decile 6) and Waiuku Primary School (Full Primary, Decile 5), ensuring quality education options for the family. This is an ideal investment or first home opportunity, conveniently located near amenities and schools.

Updated on December 11, 2024