Nestled in the serene Shifnal Drive, this 1976-built freehold property on a 600sqm level site boasts 3 bedrooms, 1 bathroom, and 2 car parks. Constructed with fibrous cement walls and tiled roof in good condition, the 88sqm floor area provides ample space for a growing family. The property, valued at $710,000 as per the latest government valuation, has seen a CV increase of 33.96% since 2017. This residence, zoned for Residential Mixed Housing Suburban, is strategically located with easy motorway access and close proximity to schools and a train station.
With a HouGarden AVM of $680,000 and a sale history showing significant jumps from $220,000 in 2006 to $320,000 in 2014, this property presents a promising investment opportunity. The surrounding Randwick Park area is undergoing transformation, making it one of Auckland's most sought-after residential locales.
For families with school-aged children, the property falls within the decile 1 Manurewa East School and Randwick Park School, and the decile 2 Alfriston College, ensuring quality education options. Whether you're a developer, first home buyer, or land banker, this property offers paper, paint, and profit potential.
Updated on October 22, 2024