Nestled in the serene Kaanapali Place of Wattle Downs, Auckland, this freehold property boasts a prime location with a capital value that has seen a remarkable growth of 48.04%. The 3-bedroom, 2-carpark home, built in 1984, stands on an 837sqm section with a floor area of 112sqm. Its exterior walls, constructed from wood, and tile roof are both in good condition. The property, with an easy/moderate fall contour, presents a stunning waterfront view, making it an ideal retreat for families or a promising development project. The latest HouGarden AVM estimates the property's value at $1,332,500, while the recent sale history shows transactions at $992,000 in 2024 and $1,200,000 in 2021. The government's capital value as of June 2021 is $1,325,000, a significant increase from the $895,000 valuation in July 2017.
For families with children, the property falls within the decile 1 James Cook High School and the decile 9 Reremoana Primary School zones, ensuring top-notch education opportunities. The open-plan living and dining areas, modern kitchen, conservatory, oversized laundry, and additional storage in the garage, all contribute to a comfortable and convenient lifestyle. With approved resource consent for a 4-lot development on the 809m² property, this is an attractive opportunity for investors and developers.
Backing onto the beach and with easy access to the Wattle Downs Golf Club, this property not only promises a peaceful existence but also the convenience of a well-connected community. Whether you seek a dream home or a sound investment, this property is a rare gem in the heart of a thriving neighborhood.
Updated on September 04, 2024