5 Rarangi Mai Lane, Karaka, Auckland - Papakura

Welcome to 5 Rarangi Mai Lane, a beautiful residence nestled in the serene Karaka suburb. This newly constructed, freehold property boasts 2 bedrooms, 1 bathroom, and a single carpark, all within a floor area of 78 square meters on a level 182 square meter section. The exterior walls, crafted from wood, and the iron roof are both in good condition, ensuring a sturdy and aesthetically pleasing structure. The modern amenities include a burglar alarm, dishwasher, and a heat pump, complementing the well-equipped kitchen perfect for the home chef. With a CV of $670,000 as of June 2021, this property not only offers a comfortable lifestyle but also a sound investment with a significant capital value increase.

History shows a consistent rise in the property's value, with the HouGarden AVM estimating it at $650,000. The recent sales history and rapid CV growth percentage reflect the desirability of this address. It's a clear indicator of the potential return on investment for the discerning buyer.

For families with children, the school zone is a significant plus. The local schools have a favorable decile rating, ensuring a quality education for your little ones. This property is not just a house; it's an opportunity to join a thriving community with excellent educational facilities.

Updated on August 21, 2024