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102 Ti Rakau Drive, Pakuranga, Auckland - Manukau, 3 Bedrooms, 1 Bathrooms, House

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 10 Day 16

102 Ti Rakau Drive, Pakuranga, Auckland - Manukau

3
1
97m2
825m2

Nestled in a serene cul-de-sac at 102 Ti Rakau Drive, Pakuranga, Auckland, this 1965-built residential gem with a brick exterior and tiled roof offers a promising investment opportunity. The freehold property boasts 3 bedrooms, 1 bathroom, and 2 car parks, spread across a floor area of 97 square meters on a vast land of 825 square meters. The property, zoned for Terrace Housing and Apartment Buildings, presents a golden chance for developers and investors, with a potential to subdivide or renovate the existing house, while the convenient location adds to its allure.

With a significant Capital Value (CV) increase of 88.5% from $915,000 in 2017 to $1,725,000 as of June 2021, and an estimated value of $1,650,000 by HouGarden AVM, the property holds a strong financial appeal. The recent history of sales and the rapid CV growth indicate a sound investment with promising returns.

For families with school-aged children, the property falls within the zones of Sancta Maria College (Decile 7), Edgewater College (Decile 2), Pakuranga Intermediate (Decile 3), and Pakuranga Heights School (Decile 4), ensuring access to quality education. This is not just a property; it's a promise of a brighter future.

Updated on October 16, 2024

Council Data

Last update : 2024 12 11
Improvement value$50,000Increased by 233% from year 2017
Land value$1,675,000Increased by 86% from year 2017
CV(Year 2021 Month 06)$1,725,000Increased by 88% from year 2017
View typeNo appreciable view
ContourLevel
Land area825m²
Floor area97m²
Decade of construction1965
TitleNA6A/1459
Type of titleFreehold
Legal descriptionLOT 91 DP 52151
CouncilAuckland - Manukau
Estate descriptionFSIM,1/1,LOT 91 DEPOSITED PLAN 52151,825m2
Council rates$4,159.39
2023/2024
ConditionExternal Walls: Average
Roof: Average
ZoningResidential - Terrace Housing and Apartment Building Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Edgewater College
0.45 km
Secondary
9-15
Government
Co-Educational
EQI: 499
2
Pakuranga Intermediate
0.49 km
Secondary
7-8
Government
Co-Educational
EQI: 491
3
Pakuranga Heights School
0.75 km
Primary
1-6
Government
Co-Educational
EQI: 445
4
Sancta Maria College
5.13 km
Secondary
7-15
Government
Co-Educational
EQI: 390
7

Property history

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For developers

Unitary plan:Residential - Terrace Housing and Apartment Building Zone
Land:825m²
Title:Freehold

Surrounding facilities

Ti Rakau Drive Neighborhood and Surrounding Data

Suburbs

Data analysis - Pakuranga properties data
Pakuranga property trend
Year
Median price
Growth
Sales count
2024
$1,053,250
-0.7%
30
2023
$1,060,500
-11.7%
32
2022
$1,200,500
-6.2%
30
2021
$1,280,000
19.6%
91
2020
$1,070,500
21.8%
70
2019
$879,000
-1.7%
43
2018
$894,000
0.4%
46
2017
$890,000
-5.5%
39
2016
$942,000
19.2%
47
2015
$790,000
20.3%
65
2014
$656,500
-
50

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
10 Mattson Road, Pakuranga
0.19 km
4
1
100m2
Year 2024 Month 10 Day 09
-
Council approved
7 Cindy Place
0.20 km
4
2
171m2
Year 2024 Month 10 Day 01
-
Council approved
7 Cindy Place, Pakuranga
0.20 km
4
171m2
Year 2024 Month 09 Day 16
$1,800,000
Council approved
1/81 Cardiff Road, Pakuranga
0.22 km
2
1
-m2
Year 2024 Month 09 Day 01
$810,000
Council approved
1/73 & 2/73 Cardiff Road, Pakuranga Heights
0.02 km
4
2
0m2
Year 2024 Month 08 Day 01
-
Council approved

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