Nestled in the serene Rukutai Street of Orakei, Auckland, this 1940s residential dwelling boasts 3 bedrooms and a carpark, exuding a charming appeal with its fibrous cement walls and iron roof. The property, with an average condition roof and walls, sits on a steep rise, offering an elevated aspect that's both private and sun-drenched. It's a cross-lease title with a half share in approximately 600m2 of grounds, complemented by a landscaped terrace and a north-west orientation that's perfect for sun-lovers. The capital value has seen a significant increase from $1,500,000 in 2017 to $1,975,000 as of 2021, reflecting a growth of 31.67%. The HouGarden AVM estimates the property at $1,837,500, while the latest sales history shows a progression from $310,000 in 1998 to $685,000 in 2007.
For families with school-aged children, the property falls within the zones of Baradene College (decile 9), Orakei School (decile 4), and Selwyn College (decile 4), ensuring access to quality education. This combination of land, location, and potential for further development makes it a rare find in the Orakei market.
Updated on July 10, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.20 km | 3 | 2 | 0m2 | Year 2024 Month 12 Day 02 | $1,280,000 | Council approved | |
 | 0.32 km | 2 | 1 | -m2 | Year 2024 Month 11 Day 19 | $1,050,000 | Council approved | |
 | 0.12 km | 2 | 1 | 95m2 | Year 2024 Month 11 Day 11 | - | Council approved | |
 | 0.27 km | 3 | 1 | 146m2 | Year 2024 Month 10 Day 31 | - | Council approved | |
 | 0.09 km | 4 | 3 | 186m2 | Year 2024 Month 09 Day 27 | $1,850,000 | Council approved |