Positioned in the serene Bays, 82A Tarawera Terrace is a charming residence that masterfully blends comfort with elegance. This easy-care family home, built in 1990 with iron roofing and wooden exterior walls in good condition, boasts a floor area of 230sqm and comes with a cross-lease title. It features 3 bedrooms, 2 carparks, and is located in a quiet cul-de-sac, ideal for those seeking tranquility. The property's Capital Value has seen a substantial increase from $1,500,000 in July 2017 to $1,875,000 as of June 2021, reflecting a growth rate of 25%. The HouGarden AVM estimates the property's value at $1,857,500, while the latest sales were recorded at $897,500 in 2012 and $805,000 in 2009.
From a valuation perspective, the property is on an upward trajectory. The government's assessment of the Capital Value showcases a quarter increase over a four-year period. The recent AVM and sales history indicate a consistent rise in the property's worth, making it an attractive investment. The home's prime location is further enhanced by its proximity to esteemed educational institutions, with Baradene College, St Thomas School, St Ignatius School, and Glendowie College all within reach, boasting high decile ratings of 9 and 10.
For families with school-aged children, the property falls within the catchment area of some of Auckland's best schools. The high decile ratings ensure access to quality education. With its combination of location, comfort, and potential for further value appreciation, 82A Tarawera Terrace is not just a home but a wise investment for the future.
Updated on November 08, 2024