40 Divich Avenue, Te Atatu South, Auckland - Waitakere

Nestled in a serene cul-de-sac at 40 Divich Avenue, Te Atatu South, this charming 3-bedroom, 2-carpark family home is a freehold property built in 1960 with brick walls and tiled roofing. The residence, sitting on an 822sqm site with an easy/moderate rise contour, offers a floor area of 140sqm, showcasing an average condition both inside and out. The property's Capital Value (CV) has seen a remarkable increase from $840,000 in 2017 to $1,450,000 as of June 2021, reflecting a growth rate of 72.6%. The HouGarden AVM estimates the property's value at $1,435,000, aligning closely with the government's valuation.

With a CV increase that outpaces the market average, this property also boasts a solid investment history. The recent sale history and AVM reflect the property's appeal and potential for further growth. The site, being a vacant land with multiple housing potential, presents an exciting opportunity for developers or families seeking a spacious and versatile living environment.

For families with school-aged children, the property falls within the zones of Rutherford College (decile 5), Rangeview Intermediate (decile 4), Henderson High School (decile 3), and Tirimoana School (decile 5), ensuring access to quality education at all levels. Whether you're looking for a family-friendly home or an investment with development prospects, this classic brick and tile beauty is a must-consider.

Updated on November 14, 2024