Nestled in the desirable Te Atatu Peninsula, this art deco styled, freehold property boasts 4 bedrooms and is set on a level 315 sqm section with a single car park. Constructed in 1950 with roughcast walls and an iron roof, both in good condition, the 111 sqm floor area provides a spacious, single-level living environment. The property is equipped with a heat pump and insulated for comfort. Notably, the capital value has increased to $1,050,000 as of June 2021, reflecting a rapid growth rate. The HouGarden AVM estimates the property's worth at $1,025,000, indicating a promising investment opportunity.
History shows a consistent rise in the government's valuation, with a notable increase in the capital value over the past few years. The recent sale history and the current asking price present a compelling case for potential buyers. The property's capital value has seen a significant percentage growth, making it an attractive prospect for investors.
For families with children, the property falls within a highly regarded school zone. The local schools are known for their high decile ratings, ensuring a quality education for the kids. This, combined with the property's prime location and comfortable living space, makes it an ideal choice for both first-time homeowners and families looking to settle in a friendly community with convenient access to amenities and stunning views.
Updated on July 26, 2024