Nestled in the tranquility of a quiet cul-de-sac at 8 Vanden Place, Henderson, Auckland, this 1977-built, freehold property is a shining example of a home and income opportunity. The residence boasts 5 bedrooms, 1 carpark, and a generous floor area of 157 square meters on a levelled land of 784 square meters. With mixed materials used for both the roof and walls, the property presents a sturdy and well-maintained facade. The government's capital value has seen a substantial increase from $960,000 in 2017 to $1,400,000 as of June 2021, reflecting a growth rate of 46%. The HouGarden AVM estimates the property's worth at $1,342,500, while the latest sale history shows a significant leap from $238,800 in 2003 to $389,000 in 2009.
For families with school-aged children, the property falls within the zones of Pomaria Road School, Henderson Intermediate, and Waitakere College, all rated a decile 3. The main house, an original 3-bedroom with weatherboard and tiled roof, has been refreshed with new paint, carpet, and curtains. It is accompanied by a modern, 2-bedroom minor dwelling with a private deck and workshop, independently connected to power and water meters. This is not just a converted garage but a proper home, perfect for a home and income setup.
With walking distance to local schools and a short drive to retail stores, restaurants, and the Pak n Save, this property offers convenience and potential in an area seeing commercial and retail growth. A rare find, especially with Healthy Home standards met, this property is expected to draw significant interest. Don't miss your chance to make one of those calls.
Updated on April 18, 2024