Nestled in the highly sought-after suburb of Hauraki, Auckland, this 3-bedroom, 2-car park residence on a cross-lease title presents an opportunity like no other. Constructed in 1920 with wood walls and an iron roof, both in good condition, this property boasts a floor area of 116sqm and is set on a level contour. The capital value has seen a remarkable increase from $1,080,000 in 2017 to $1,475,000 as of June 2021, reflecting a growth rate of 36.57%. The latest sale history includes transactions in 2012 for $656,500 and in 2009 for $560,000, while the HouGarden AVM estimates the property's worth at $1,485,000.
For families with school-aged children, the property falls within the zones of top-rated schools, including Hauraki Primary, Belmont Intermediate, and Takapuna Grammar, all decile 10. This address not only promises an excellent education but also a lifestyle that's hard to beat, being minutes away from the local beach and conveniently located near Hauraki Corner shops and eateries.
With its original charm and renovation potential, this north-facing property is a blank canvas waiting to be transformed into your dream home. Whether you choose to move in, renovate, or invest, this is a chance not to be missed. Make this extraordinary property yours and unlock its huge potential.
Updated on September 23, 2024