Nestled on Urquhart Road, Karaka, Auckland - Papakura, this stunning 96-acre farm boasts a freehold title and is poised for further development. The property, with unknown roof and wall construction, dates back to 1900 and enjoys an easy to moderate fall contour. It overlooks the Wangamarie Stream and the city lights, offering fabulous house sites with a sunny north-facing aspect. The farm is well fenced with a central race, hay-barn, freshwater bore, and stock yards, making it ideal for equestrian use, horticulture, and rural lifestyle pursuits.
As for the financials, the capital value has seen a significant increase from $5,050,000 in 2017 to $6,250,000 as of 2021, a growth of 23.76%. The HouGarden AVM estimates the property at $5,962,500, while the latest sale history shows a transaction for $8,210,000 in 2024 and $342,000 back in 1999.
For families with children, the property falls within the Te Hihi School zone, a full primary with a decile rating of 7. Additionally, Rosehill College, a secondary school catering to Year 9-15 with a decile rating of 5, is also in close proximity.
Updated on April 24, 2024