Envision your dream home on this exceptional 325m2 freehold section at 4 Ngakau Road, nestled in a quiet cul-de-sac of Karaka, Auckland. This level plot, with unknown roof and wall construction, offers the perfect canvas for your architectural masterpiece. The property, valued at $475,000 according to the June 2021 government valuation, has seen a promising increase in its capital value. The HouGarden AVM estimates it at $465,000, indicating a potential growth opportunity. This address not only boasts convenience, being near the motorway, but also accessibility to quality education, being in the zone for both Rosehill College (decile 5) and Ngakoroa School (decile 0), making it an ideal investment for families.
Historically, the property has shown a consistent rise in its capital value, reflecting a promising investment trend. The recent sale history and rapid CV increase percentage further solidify its allure as a sought-after property in the area. This prime section, with titled readiness, is the perfect opportunity to turn your vision into reality.
For families with educational priorities, this property falls within the catchment area of well-regarded schools. Rosehill College, a secondary school catering to years 9-15, and Ngakoroa School, a full primary school, are both within easy reach. This combination of prime location, potential for value growth, and access to quality education makes this section a rare find in the vibrant Karaka community.
Updated on August 20, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.14 km | 4 | 2 | -m2 | Year 2024 Month 12 Day 23 | - | Council approved | |
 | 0.14 km | 4 | 2 | -m2 | Year 2024 Month 11 Day 22 | - | Council approved | |
 | 0.16 km | 4 | 3 | 155m2 | Year 2024 Month 10 Day 01 | - | Council approved | |
 | 0.14 km | 4 | 2 | 0m2 | Year 2024 Month 09 Day 24 | $800,000 | Council approved | |
 | 0.04 km | 4 | 2 | -m2 | Year 2024 Month 08 Day 05 | - | Council approved |