Nestled in the serene Tiroroa Avenue of Te Atatu South, Auckland, lies a remarkable freehold property - a residential haven with income potential. This expansive home boasts seven bedrooms, two car parks, and a floor area of 340 square meters on a generous 835 square meter site. The exterior walls are crafted from wood, while the roof is a mix of materials, both in mixed condition, reflecting a charming fusion of old and new. Since 2017, the capital value has surged by 31.92%, reaching an impressive $1,715,000 as of June 2021.
With a HouGarden AVM of $1,597,500 and a latest sale record in 2002 at $240,000, this property presents a compelling investment opportunity. The government's valuation history shows a consistent increase, indicating a sound investment with further growth potential. The property's versatility is evident, with a 1960's four-bedroom bungalow and a more recent three-bedroom dwelling, making it perfect for extended families, multigenerational living, or as a lucrative rental venture.
Education is a key highlight, with Rutherford College (decile 5, secondary) and Rangeview Intermediate (decile 4, intermediate) within the zone, along with Freyberg Community School (decile 5, contributing). This is not just a property; it's a lifetime opportunity knocking at your door.
Updated on May 17, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.13 km | 4 | 2 | 160m2 | Year 2024 Month 05 Day 21 | $1,120,000 | Council approved | |
 | 0.07 km | 4 | 3 | -m2 | Year 2024 Month 03 Day 06 | $1,100,000 | Council approved | |
 | 0.15 km | 4 | 2 | 140m2 | Year 2024 Month 03 Day 01 | $1,210,000 | Council approved | |
0.28 km | 3 | 128m2 | Year 2024 Month 02 Day 15 | $870,000 | Council approved | |||
 | 0.19 km | 3 | 2 | 0m2 | Year 2024 Month 02 Day 01 | $928,000 | Council approved |