8 Elegant Lane, Ranui, Auckland - Waitakere

Nestled in the tranquility of 8 Elegant Lane, this freehold property in Ranui, Auckland, boasts a modern design with 3 bedrooms and a single carpark. Constructed with a mix of materials for the walls and iron for the roof, this 144 square meter home sits on a 128 square meter section with an easy/moderate rise contour. The property, built in 2024, is in good condition both inside and out, and is valued at $910,000 as per the June 2021 government valuation. Its latest sale on August 9, 2024, was for $849,000, indicating a potential for growth in capital value.

According to the property valuation history, the capital value has seen a steady increase. The HouGarden AVM reflects a similar trend, hinting at the property's desirability in the market. This is further supported by the recent sale history, which shows a strong interest in properties within this quiet cul-de-sac.

For families with children, the school zone is a significant plus. The local schools have a good decile rating, ensuring quality education for the young ones. This property is not just a dwelling but a sound investment in a promising location.

Updated on September 18, 2024