Nestled at 22 Tuakiri Street, Point England, this residential dwelling on a freehold title boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1950 with wood walls and tiled roofing, the property sits on a level 703m2 section with a floor area of 77m2. The capital value has seen a significant increase from $890,000 in 2017 to $1,450,000 as of June 2021, reflecting a growth rate of 62.92%. The property's external walls and roof are in average condition, while the section's potential for development is enhanced by its Mixed Housing Suburban zoning, just a stone's throw from the Tamaki River.
With a HouGarden AVM of $1,435,000 and a latest sale history of $798,000 in 2015, this property presents a lucrative opportunity. It's currently tenanted at $550 per week, making it an attractive investment. The property is priced $155,000 below the current CV, indicating a vendor keen to sell.
For families, the property falls within the decile 9 Baradene College zone and is close to Tamaki College, Ruapotaka School, and Pt England School, all offering quality education options.
Updated on November 18, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.27 km | 3 | 1 | 0m2 | Year 2024 Month 10 Day 30 | $1,218,000 | Council approved | |
 | 0.30 km | 2 | 1 | 75m2 | Year 2024 Month 10 Day 30 | - | Council approved | |
 | 0.19 km | 2 | 1 | 83m2 | Year 2024 Month 09 Day 30 | $746,000 | Council approved | |
 | 0.31 km | 2 | 1 | 75m2 | Year 2024 Month 09 Day 27 | $740,000 | Council approved | |
 | 0.29 km | 2 | 1 | 0m2 | Year 2024 Month 09 Day 01 | $650,000 | Council approved |