418 State Highway 16, Kumeu, Rodney

Nestled in a serene cul-de-sac on 418 State Highway 16, Kumeu, Auckland - Rodney, this 1971-built, 86 square meter home boasts 3 bedrooms, 1 bathroom, and is set on a vast 5.1193 hectare freehold section. The property, with its iron roof and wooden exterior, is a prime example of a lifestyle improved property. The capital value has seen a remarkable 100% increase from $2,350,000 in 2017 to $4,700,000 as of June 2021, showcasing an impressive growth trajectory. The land is level, and the house is in average condition, both inside and out.

With a HouGarden AVM of $4,517,500 and a latest sale history of $2,500,000 in 2014, this property presents a strategic investment opportunity. It's not just the land and the 3-bedroom house that add value; the two barns provide additional income, amounting to over $67,000 per annum. The property is strategically positioned, close to the Northwest Development and the best that the NorthWest area has to offer in terms of food markets, wineries, and shopping.

For families with school-aged children, the property falls within the zones of Massey High School (Decile 4), Taupaki School (Decile 9), and St Paul's School (Massey) - all reputable educational institutions. This is not just a home; it's an investment in a lifestyle and education.

Updated on October 21, 2024