Nestled on a generous 812m2 section in the serene cul-de-sac of Webster Avenue, Mount Roskill, Auckland, this 1956-built residential gem with a Freehold title presents a compelling investment opportunity. The weatherboard exterior and iron roof, though requiring attention, have sheltered this 132m2 home for over half a century. With 4 bedrooms, a large family room, a well-sized kitchen, 1.5 bathrooms, and a separate laundry, the potential for comfort and convenience is clear. The property's Capital Value (CV) has seen a substantial increase from $1,100,000 in 2017 to $1,500,000 as of June 2021, reflecting a growth rate of 36.36%. The HouGarden AVM estimates the property's worth at $1,460,000, while the latest sales history shows a significant leap from $150,000 in 1994 to $256,000 in 1997. Educationally, the property falls within the zones of Lynfield College (Decile 6), Marshall Laing School (Decile 5), May Road School (Decile 1), and Waikowhai Intermediate (Decile 5), ensuring a range of educational options. This property is perfect for those seeking a do-up project or a development opportunity in a prime location.
Updated on July 26, 2024