Nestled on a 10-acre haven at 34a Tawhero Road, Ararimu, this Freehold property is a Lifestyle - Improved gem, boasting a capital value of $1,550,000 as of June 2021. Constructed in 1950 with wood walls and iron roofing, both in good condition, this rural retreat features a main Lockwood style home with 2 bedrooms and a heat pump, complemented by two additional dwellings ripe for renovation. The property's CV has seen a 31.92% increase since July 2017, reflecting its growing value. With a gentle stream meandering through the level contour of the land, this property offers a serene escape just 50km from Auckland's CBD.
History shows the latest sale occurred in 2001 for $320,000, following a previous sale in 1999 for $380,000. HouGarden AVM estimates the property's worth at $1,425,000, making it an attractive investment. The property's potential is further enhanced by its dual road access with an electric gate, reliable bore water supply, and the possibility of generating rental income or creating a B&B.
For families, the property falls within the decile 6 Pukekohe High School zone, a Secondary school catering to Years 9-15. This combination of peaceful living, potential for added value, and a quality school zone makes this property a unique opportunity to secure your own slice of paradise.
Updated on June 27, 2024