Nestled on a manicured 600 sqm freehold section at 140 Titirangi Road, New Lynn, Auckland, this residential property boasts 4 bedrooms, 2 bathrooms, and a carpark. The exterior walls, crafted from wood, are in good condition, as is the tiled roof. This dual-purpose property, with separate power and water meters for each unit, includes two renovated homes. The government's capital value (CV) has seen a growth of 33.84% from $990,000 in 2017 to $1,325,000 as of 2021. The HouGarden AVM estimates the property at $1,270,000, while the latest sales were at $1,160,000 in 2022 and $975,000 in 2016.
With a prime location in a transportation hub, the property falls within the decile 2 Kelston Intermediate and Kelston Boys' High School, as well as the decile 2 Kelston Girls' College. Other nearby schools include Glen Eden Intermediate (decile 7), Fruitvale Road School (decile 4), and Green Bay High School (decile 8).
Both homes have been renovated to comply with healthy home standards. The front bungalow features a north-facing yard, open-plan dining and living, and a renovated bathroom. The rear home, built in 1997, offers a sunny living area, a modern kitchen, and a trendy bathroom. With a carport and off-street parking, this property presents a golden opportunity for investors looking to maximize returns in a desirable school zone.
Updated on October 25, 2024