Nestled in the tranquility of Te Arai, just a short drive from Auckland, this stunning 5-bedroom, freehold property boasts a capital value of $1,475,000 as of June 2021, reflecting a growth of 43.90% since July 2017. Constructed in 1996 with wood walls and iron roofing, both in good condition, the property sits on a 23,750sqm section with an easy/moderate fall contour. The 209sqm floor area includes a designer kitchen, a separate self-contained guest accommodation, and a detached garage of 44sqm. The property is complemented by a quiet cul-de-sac location, 3 car parks, and boasts views of the ocean and the Hen and Chickens Islands. The HouGarden AVM estimates the property at $1,435,000, while the latest sale was recorded at $1,370,000 in December 2020.
With a rich history of valuations and sales, this property is not just a home but an investment with a promising future. The government's capital value increase and the latest sale history reflect a strong market trend in this desirable area.
For families with school-aged children, the property falls within the Rodney College zone, a secondary school with a decile rating of 4. The combination of luxurious comfort, a golfing lifestyle, and a highly-rated school network makes this property an attractive option for those seeking a balanced lifestyle.
Updated on July 18, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 4.91 km | 3 | 2 | 275m2 | Year 2024 Month 09 Day 23 | $2,400,000 | Council approved | |
4.85 km | 3 | 2 | 160m2 | Year 2024 Month 08 Day 25 | $1,150,000 | Council approved | ||
 | 4.08 km | 6 | 3 | 293m2 | Year 2024 Month 07 Day 31 | - | Council approved | |
1.95 km | 0m2 | Year 2024 Month 07 Day 25 | $4,700,000 | Council approved | ||||
2.49 km | 0m2 | Year 2024 Month 07 Day 03 | $5,100,000 | Council approved |