Nestled in the serene Tahapa Crescent of Meadowbank, Auckland, this charming 3-bedroom residence on a freehold title is a rare find. Constructed in the 1940s with fibrous cement walls and tiled roofing, it sits on a spacious 612sqm section with a floor area of 102sqm. The property, with an average wall and roof condition, offers an easy/moderate rise contour and is a gem waiting to be polished. As of June 2021, the capital value has soared to $2,000,000, marking a 17.65% increase since July 2017. This home not only promises potential but also convenience, being a short stroll from Meadowbank train station, the Orakei Basin, and the city cycleway.
With a HouGarden AVM of $1,862,500 and a latest sale history of $1,086,000 in 2015, this property is a sound investment. The government's valuation history and the rapid capital value growth are testament to its appeal. The property's versatility is further enhanced by its zoning for Residential Housing Urban, allowing for dreams of a single-family home or a multi-unit development with council consent.
For families with children, the property falls within the catchment area of esteemed schools. Meadowbank School, Remuera Intermediate, and Selwyn College offer top-notch education, with Baradene College being a secondary school of high decile. This home is not just a place to live; it's an opportunity to be part of a thriving educational community.
Updated on July 05, 2024