210 Waitemata Drive, Ranui, Auckland - Waitakere

Nestled on a serene cul-de-sac at 210 Waitemata Drive, Ranui, Auckland, this freehold property is a residential dwelling built in 1988 with a fibrous cement exterior and a tiled roof, both in good condition. It boasts 4 bedrooms, a single bathroom, and a spacious floor area of 93 square meters on a levelled 565 square meter section. The property's capital value has seen a substantial increase from $600,000 in 2017 to $760,000 as of June 2021, reflecting a growth rate of 26.67%. With a HouGarden AVM of $705,000, this property presents a golden opportunity for property enthusiasts.

As an estate offered 'as is, where is', it's a perfect fit for property flippers or first-time home buyers seeking a entry into the market. The large, flat section holds potential for renovation or rebuilding. The added bonuses of an oversized double garage, a shed, and a vast storage room make it an attractive package. Historically, the property has shown a promising trajectory in value appreciation, making it a sound investment.

For families, the property falls within the zone of several reputable schools. Birdwood School, a full primary with a decile rating of 2, Waitakere College, a secondary school with a decile rating of 3, and St Paul's School in Massey, a contributing school with a decile rating of 4, are all within reach. This combination of investment potential and educational opportunities makes it a home not to be missed.

Updated on June 18, 2024