Nestled in the serene Te Rata Boulevard, this exquisite 4-bedroom, 2-carpark dwelling on a freehold title boasts a capital value of $1,180,000 as of June 2021. Constructed with a mix of materials for the walls and iron for the roof, this 227sqm floor area home on a level 578sqm section is a paradigm of modern living. The property, built in 2024, is in good condition both inside and out. The HouGarden AVM estimates the property at $1,097,500, reflecting a promising investment opportunity with a significant CV increase.
History shows a consistent rise in the government valuation, with the latest figures indicating a substantial growth percentage. The recent sale history further validates the rapid appreciation of this property's value. Located in a quiet cul-de-sac, it offers a peaceful lifestyle while being conveniently close to local amenities and motorway connections.
Educationally, the property falls within the zone of Paerata School, a full primary with a decile rating of 1, and Pukekohe High School, a secondary school with a decile rating of 6. This ensures access to quality education for the family. With such a combination of location, quality, and value, this property is indeed a rare find in the highly sought-after Paerata Rise community.
Updated on June 14, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.68 km | 4 | 2 | -m2 | Year 2024 Month 11 Day 08 | $1,281,000 | Council approved | |
 | 0.41 km | 3 | 1 | -m2 | Year 2024 Month 11 Day 07 | $800,000 | Council approved | |
 | 0.69 km | 3 | 2 | 167m2 | Year 2024 Month 10 Day 17 | $1,100,000 | Council approved | |
 | 0.17 km | 4 | 2 | -m2 | Year 2024 Month 09 Day 20 | $1,265,000 | Council approved | |
 | 0.11 km | 3 | 2 | -m2 | Year 2024 Month 08 Day 01 | $1,100,000 | Council approved |