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1 Tiki Street, New Lynn, Auckland - Waitakere, 4 Bedrooms, 0 Bathrooms, House

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 05 Day 02

1 Tiki Street, New Lynn, Auckland - Waitakere

4
230m2
827m2

Nestled in the heart of New Lynn, this enchanting freehold property on 1 Tiki Street offers a serene escape with immense potential. Constructed in the 1950s with wood exterior walls and an iron roof, this residence boasts an average condition, both inside and out. Spanning over 230sqm of floor area, it features 4 bedrooms and is complemented by 3 carparks. The 827sqm land area, with an easy/moderate rise contour, invites future development prospects (subject to council approval).

Since 2017, the property's Capital Value (CV) has seen a remarkable increase of 35.42%, reaching $1,625,000 as of June 2021. The HouGarden AVM estimates the property's worth at $1,515,000, while the latest sales history from 2005 to 2008 indicates a consistent growth trajectory. This prime location is not only a gem for investors but also for families, given its school zone inclusion in New Lynn School (Decile 4), Kelston Intermediate (Decile 2), and others.

Education opportunities are abundant, with zonings in high-regarded institutions such as Kelston Boys' High School (Decile 3), Kelston Girls' College (Decile 2), Blockhouse Bay Intermediate (Decile 5), and Green Bay High School (Decile 8). Close to Lynn Mall shopping centre and transport hubs, this property offers both convenience and connectivity, making it an attractive proposition for those seeking a combination of prime location, potential, and an investment that appreciates over time.

Updated on May 07, 2024

Council Data

Last update : 2024 06 19
Improvement value$25,000Reduced by -93% from year 2017
Land value$1,600,000Increased by 95% from year 2017
CV(Year 2021 Month 06)$1,625,000Increased by 35% from year 2017
DeckYes
View typeFocal Point Of view - Other
ContourEasy/Moderate rise
Land area827m²
Floor area230m²
TitleNA1113/187
Type of titleFreehold
Legal descriptionLOT 19DP 41252
CouncilAuckland - Waitakere
Estate descriptionFSIM,1/1,LOT 19 DEPOSITED PLAN 41252,827m2
Council rates$3,820.75 2023/2024
ConditionExternal Walls: Average Roof: Average
ZoningResidential - Mixed Housing Suburban Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
New Lynn School
0.56 km
Tiểu Học
1-6
Trường Công
Trường Hỗn hợp
EQI: 455
4
Blockhouse Bay Intermediate
0.78 km
Trung Học Cơ Sở
7-8
Trường Công
Trường Hỗn hợp
EQI: 411
5
Green Bay High School
2.00 km
Trung Học Cơ Sở
9-15
Trường Công
Trường Hỗn hợp
EQI: 432
8
Kelston Girls' College
2.18 km
Trung Học Cơ Sở
9-15
Trường Công
Trường Nữ sinh
EQI: 509
2
Kelston Boys' High School
2.71 km
Trung Học Cơ Sở
9-15
Trường Công
Trường Nam sinh
EQI: 507
3
Kelston Intermediate
2.98 km
Trung Học Cơ Sở
7-8
Trường Công
Trường Hỗn hợp
EQI: 507
2

Property history

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For developers

Unitary plan:Residential - Mixed Housing Suburban Zone
Land:827m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone

Suburbs

Data analysis - New Lynn properties data
New Lynn property trend
Year
Median price
Growth
Sales count
2023
$1,060,000
-10.9%
45
2022
$1,190,000
-10%
37
2021
$1,322,500
26.7%
54
2020
$1,044,000
8.2%
62
2019
$965,000
10.9%
31
2018
$870,000
-3.9%
19
2017
$905,000
-7.2%
25
2016
$975,000
11.7%
33
2015
$873,000
28.4%
45
2014
$680,000
-
49

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
4 Akehurst Avenue
0.28 km
3
1
110m2
Year 2024 Month 05 Day 20
$1,151,915
Council approved
2 Maui Street
0.04 km
3
1
-m2
Year 2024 Month 05 Day 15
-
Council approved
1/31 Tane Street
0.19 km
2
1
120m2
Year 2024 Month 04 Day 11
$850,000
Council approved
1/17 Islington Avenue
0.28 km
3
1
113m2
Year 2024 Month 03 Day 26
$877,500
Council approved
59B Astley Avenue
0.26 km
3
1
0m2
Year 2024 Month 03 Day 01
$650,000
Council approved

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