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5/1 Pimento Place, New Lynn, Auckland - Waitakere, 4 Bedrooms, 1 Bathrooms, House

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 07 Day 19

5/1 Pimento Place, New Lynn, Auckland - Waitakere

4
1
100m2

Nestled in the serene cul-de-sac of Pimento Place, New Lynn, Auckland, this 4-bedroom, 1-bathroom residential dwelling with a cross-lease title presents an opportunity for modern living. Constructed in 1979 with iron roofing and wooden walls in good condition, the property sits on a level contour. The 100sqm floor area is complemented by a separate 1-bedroom wing, ideal for extended family or work-from-home convenience, with its own external access, kitchenette, and bathroom. The property has seen a 44.72% increase in Capital Value from $615,000 in 2017 to $890,000 as of June 2021. The HouGarden AVM estimates the property at $867,500, while the latest sale was in 2003 for $221,000. The home is zoned for the decile 5 Arahoe School, Blockhouse Bay Intermediate, and the decile 8 Green Bay High School, ensuring quality education within walking distance. The private and secure fully fenced section, with a double carport, is perfect for young families, retirees, or investors seeking a great yield.

Updated on July 22, 2024

Council Data

Last update : 2025 01 29
Improvement value$505,000Increased by 57% from year 2017
Land value$385,000Increased by 30% from year 2017
CV(Year 2021 Month 06)$890,000Increased by 44% from year 2017
DeckYes
View typeNo appreciable view
ContourLevel
Floor area100m²
Decade of construction1979
TitleNA46D/1141
Type of titleCross-Lease
Legal descriptionLOT 2 DP 71557 1/5 SH BG FLAT 5 DP 89870
CouncilAuckland - Waitakere
Estate descriptionFSIM,1/5,LOT 2 DEPOSITED PLAN 71557,2022m2
Council rates$2,437.16
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningResidential - Mixed Housing Urban Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Arahoe School
0.20 km
Primary
1-6
Government
Co-Educational
EQI: 392
5
Green Bay High School
1.04 km
Secondary
9-15
Government
Co-Educational
EQI: 432
8
Blockhouse Bay Intermediate
1.94 km
Secondary
7-8
Government
Co-Educational
EQI: 411
5

Property history

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For developers

Unitary plan:Residential - Mixed Housing Urban Zone
Land:-
Title:Cross-Lease

Surrounding facilities

Pimento Place Neighborhood and Surrounding Data

Suburbs

Data analysis - New Lynn properties data
New Lynn property trend
Year
Median price
Growth
Sales count
2024
$1,000,000
-1.6%
7
2023
$1,016,500
11.1%
2
2022
$914,750
-18.1%
6
2021
$1,117,500
31.5%
8
2020
$850,000
14.9%
9
2019
$740,000
12.4%
6
2018
$658,500
-11.9%
6
2017
$747,750
0.6%
4
2016
$743,000
20.8%
10
2015
$615,000
11.3%
11
2014
$552,500
-
8

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
12 Pimento Place, New Lynn
0.13 km
4
2
-m2
Year 2024 Month 10 Day 31
-
Council approved
54B Parker Avenue, New Lynn
0.20 km
2
1
81m2
Year 2024 Month 10 Day 30
$755,000
Council approved
11 Pimento Place, New Lynn
0.14 km
3
1
88m2
Year 2024 Month 10 Day 03
$940,000
Council approved
1 Sheridan Drive, New Lynn
0.23 km
6
1
200m2
Year 2024 Month 09 Day 10
$870,000
Council approved
7a South Lynn Road, Titirangi
0.27 km
4
230m2
Year 2024 Month 08 Day 19
$1,100,000
Council approved

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