53 Queen Mary Avenue, New Lynn, Auckland - Waitakere

Nestled at the end of a serene cul-de-sac on 53 Queen Mary Avenue, New Lynn, Auckland, this freehold property is a gem in the Waitakere region. The residence, with its iron roof and fibrous cement walls in good condition, comprises 4 bedrooms, a single carpark, and a spacious floor area of 170 square meters on a levelled land of 835 square meters. The property's government capital value has seen a significant increase from $850,000 in 2017 to $1,375,000 as of June 2021, reflecting a growth rate of 61.76%. The HouGarden AVM estimates the property's value at $1,342,500, making it an attractive investment opportunity.

With a history of steady capital value growth, this property also holds potential as an income generator with a separate one-bedroom minor dwelling. The main house, built in the 1950s, and the additional unit, constructed in the 1990s, offer both classic charm and modern comfort. The property's appeal is further enhanced by its proximity to schools, with Kelston Intermediate, Kelston Boys' High School, Kelston School, and Kelston Girls' College all within reach, boasting decile ratings ranging from 2 to 3.

Not only is this property a wise investment, but it also offers a lifestyle like no other. Enjoy direct access to the Whau River, where kayaking and fishing await. The Queen Mary Reserve adjacent to the property provides a tranquil escape, making this an ideal home for families or outdoor enthusiasts. This is not just a house; it's a slice of paradise waiting to be claimed.

Updated on August 13, 2024