2/16 Lilburn Crescent, Massey, Auckland - Waitakere

Nestled in the serene Lilburn Crescent, a quiet cul-de-sac in Massey, Auckland, this residential dwelling is a gem on a cross-lease title. Constructed in 1989 with fibrous cement walls and an iron roof, both in good condition, the property boasts 2 bedrooms, 1 bathroom, a single carpark, and a floor area of 95 square meters. The capital value has seen a rapid increase from $550,000 in July 2017 to $800,000 as of June 2021, reflecting a growth of 45.45%. The latest sales history includes transactions in 2010 and 2013, with prices of $300,000 and $389,000 respectively. HouGarden AVM estimates the property's worth at $745,000. The Vendor's meticulous efforts in renovating the property are evident, with new carpets, fresh paint, and a stylish kitchen, making it too nice to rent out.

As for the government's valuation, the property has appreciated significantly, indicating a promising investment. The location is further enhanced by its proximity to motorways, along with being in the zone for both Massey High School (decile 4) and St Paul's School (Massey) - both secondary education institutions. This well-maintained, low-maintenance home is perfect for a family looking to capitalize on the area's educational opportunities and enjoy the spacious backyard for relaxation or children's play.

With easy access to shopping and amenities, and a property contour that offers an easy to moderate rise, this residence is a perfect blend of comfort and convenience. Investors should take note of the attractive proposition this property offers, with potential for discerning tenants. This is your chance to own a dream home at an affordable price in a desirable school zone.

Updated on May 30, 2024