Nestled in the serene environment of 15 Te Kawa Road, One Tree Hill, Auckland, this charming 1940's brick and tile residence on a freehold section of 766 sqm presents a golden opportunity. The property, zoned for multiple housing, boasts 2 bedrooms, 1 bathroom, and a floor area of 98 sqm. With a roof constructed of tiles and walls of brick, it enjoys an average condition, both inside and out. The capital value has seen a significant increase, rising from $1,350,000 in July 2017 to $2,250,000 as of June 2021, reflecting a growth rate of 66.67%. This is a perfect site to bring your architect and transform into your dream home.
History shows a promising trend with the latest sale recorded at $1,783,000 in July 2024 and an HouGarden AVM of $2,195,000, indicating a sound investment in this centrally located suburb. The property's potential is further enhanced by its proximity to Cornwall Park and the convenience of excellent transport links, local cafes, and shops.
For families with school-aged children, the property falls within the catchment area of several well-regarded schools. Baradene College, a secondary school with a decile rating of 9, Remuera Intermediate at decile 8, Oranga School at decile 3, and One Tree Hill College, also a secondary school with a decile rating of 3, ensuring quality education options.
Updated on August 07, 2024