Nestled in the serene Te Atatu Peninsula, 48 Taikata Road presents a prime residential opportunity on Freehold land. This vacant lot, suitable for multiple housing, boasts 809 sqm of level land with brick exterior walls and a tiled roof. It offers a promising capital value growth, with an increase of 49.79% from $1,175,000 in 2017 to $1,760,000 as of June 2021. The property has an estimated value of $1,715,000 according to HouGarden AVM. With a potential for development and being in a Terraced Housing & Apartment Building Zone, this property is a golden opportunity for investors. Additionally, it is conveniently located near local amenities, coastal walkways, with easy motorway access and good transportation.
History shows a consistent rise in the property's capital value, indicating a sound investment. The recent sale history and rapid CV increase are testament to the area's desirability. This property is not just about the numbers; it's about the lifestyle, being in a quiet cul-de-sac and within walking distance to the Peninsula's amenities.
For families, the school network is a significant draw. Matipo Road School, Te Atatu Intermediate, Rutherford School, Rutherford College, and St Paul's School (Massey) are all within reach, with decile ratings ranging from 4 to 7. This address not only promises a quality education for your children but also a wise investment for your future.
Updated on August 20, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.15 km | 3 | 2 | 160m2 | Year 2024 Month 10 Day 30 | $1,150,000 | Council approved | |
 | 0.16 km | 3 | 1 | 100m2 | Year 2024 Month 10 Day 22 | $1,203,000 | Council approved | |
 | 0.14 km | 3 | 1 | 92m2 | Year 2024 Month 09 Day 23 | $986,500 | Council approved | |
 | 0.15 km | 4 | 1 | 130m2 | Year 2024 Month 08 Day 09 | $880,000 | Council approved | |
 | 0.16 km | 4 | 1 | 110m2 | Year 2024 Month 07 Day 26 | $850,000 | Council approved |