26 Paetai Lane, Te Atatu Peninsula, Auckland - Waitakere

Nestled in the tranquility of 26 Paetai Lane, Te Atatu Peninsula, this freehold property is a charming residential unit. It boasts a single bedroom, a bathroom, and a carpark, with a floor area of 50 square meters on a levelled land plot of 83 square meters. Constructed with wood exterior walls and an iron roof, this property is just a few years old, built in 2024, and is in good condition both inside and out. The property's government valuation as of June 2021 stands at $710,000.

Reflecting a steady growth, the property's capital value has shown an increase, further supported by the HouGarden AVM of $690,000 and the latest sale record on July 1, 2024, at $674,000. This indicates a promising investment with a potential for value appreciation.

For families with children, the property falls within a desirable school zone. With a decile rating that signifies a high standard of education, the nearby schools are an added bonus to this already attractive property.

Updated on August 21, 2024