419 Bremner Road, Karaka, Auckland - Papakura

Nestled in the serene Karaka, Auckland, 419 Bremner Road boasts a freehold title on a spacious 3.15HA of residential-zoned land. This charming property, built in 1900, features 1 bedroom and 1 bathroom, poised for development with its resource consent for approximately 60 sections. The capital value has seen a remarkable increase from $3,200,000 in 2017 to $4,850,000 as of June 2021, showcasing a growth rate of 51.56%. The property's exterior and roof conditions may be unknown, but its potential is undeniable, located in a prime area with major developments in progress.

As for valuation, the HouGarden AVM estimates the property at $4,730,000, closely matching the latest sale price of $4,725,750 in April 2021. This is a rare opportunity not to be missed, especially with the property's strategic location near the upcoming Auranga development, Karaka Lifestyle Estate, and educational facilities like Ngakoroa School and the proposed secondary school.

Educationally, the property falls within the zones of both Rosehill College, a secondary school with a decile rating of 5, and Ngakoroa School, a full primary school. This makes it an ideal investment for families looking to secure a quality education for their children. Be it for development or investment, this property in a quiet cul-de-sac presents a golden opportunity in one of Auckland's fastest-growing regions.

Updated on August 20, 2024