417 Bremner Road, Karaka, Auckland - Papakura

Nestled on a level plot at 417 Bremner Road, Karaka, Auckland - Papakura, this residential bare block boasts a freehold title, promising stability and autonomy. While the specifics of the exterior walls and roof construction remain unknown, the property's potential is undeniable. With a single bathroom and no car parks mentioned, this property offers a blank canvas for future development on its vast 29,831 square meters of land.

History shows a significant increase in the capital value, from $3,550,000 in July 2017 to $5,370,000 as of June 2021, indicating a growth rate of 51.27%. The HouGarden AVM estimates the property's worth at $5,145,000, while the latest sales records show transactions at $7,198,600 on April 5, 2024, and an impressive $10,208,781 on July 13, 2023, reflecting a high market demand.

For families with educational considerations, the property falls within the zones of Rosehill College, a secondary school with a decile rating of 5, and Ngakoroa School, a full primary school. This provides a solid foundation for educational opportunities within the community.

Updated on April 25, 2024