Nestled on a generous 1125 sqm lot in the heart of Takanini, this freehold property at 53 Takanini Road boasts 3 bedrooms and a floor area of 156 sqm. Constructed in 1960, the dwelling features roughcast walls and a tiled roof, both in average condition, sitting on a land with an easy/moderate fall contour. The property, which includes a bonus sleep out and storeroom, presents a golden opportunity for renovation or development in a rapidly appreciating area.
Since 2017, the capital value has surged by 64.6%, from $820,000 to the current $1,350,000 as per the latest government valuation. The HouGarden AVM estimates the property's worth at $1,357,500, while the latest sales history shows a significant increase from $179,000 in 1999 to $350,000 in 2009. This trend highlights the property's potential as a sound investment.
For families, the property falls within the zones of Takanini School (Decile 1), Rosehill Intermediate (Decile 3), and Rosehill College (Decile 5), ensuring access to quality education. Centrally located, it's a short walk to amenities like the Takanini Gurudwara, Countdown, train and bus stations, and shopping centers, making it an ideal blend of convenience and potential growth.
Updated on September 11, 2024