Nestled in the tranquility of a quiet cul-de-sac at 6/113 Flanshaw Road, Te Atatu South, this 70 square meter, 2-bedroom, 1-bathroom residential unit with a single car park is a prime example of modern living. Constructed with wood exterior walls and an iron roof, this freehold property, established in 2024, is in good condition both inside and out. The property boasts a level contour and a well-appointed floor area that opens up to a private outdoor space, making it an ideal choice for first-time buyers or astute investors. With a current Capital Value (CV) of $710,000, this home has seen a significant increase over the years, reflecting a promising investment prospect.
History shows a consistent rise in the government's valuation, with the HouGarden AVM estimating the property's worth at $645,000. The recent sale history and a substantial capital value growth percentage indicate a healthy real estate market in the area. This property not only offers a contemporary lifestyle but also the potential for equity growth.
For families with children, the property falls within the highly sought-after school zones of Flanshaw Road School, Rangeview Intermediate, and Rutherford College, all known for their high decile ratings and quality education. This, combined with the property's convenient location near supermarkets, healthcare, and easy access to transport, makes it an even more attractive proposition for those seeking a balanced life.
Updated on December 03, 2024