Nestled in the tranquility of 8 Vinograd Drive, Te Atatu Peninsula, lies a spacious family residence on a freehold site. This 5-bedroom, 2-bathroom home, built in 1997 with solid brick walls and tiled roofing, presents a floor area of 261m2 on a levelled 440sqm section. The property has seen a significant Capital Value increase of 19.13% from $1,385,000 in 2017 to $1,650,000 as of June 2021. The latest sales were recorded at $1,245,000 in 2020 and $670,000 in 2011, while the HouGarden AVM estimates the property's worth at $1,660,000. This well-insulated home with a heat pump ensures comfort throughout the year, and the brick-clad exterior promises durability with minimal maintenance.
With a CV growth that outpaces the market average, this property is not just a home but a sound investment. The government valuations reflect its escalating value, making it an attractive opportunity for potential buyers. The recent sale history further underscores the property's consistent rise in market worth.
For families with school-aged children, the property falls within the zones of Te Atatu Intermediate (Decile 6), Rutherford School (Decile 5), Rutherford College (Secondary, Decile 5), and St Paul's School in Massey (Decile 4). These reputable schools are a testament to the quality of education available in the area, adding further value to this already desirable property.
Updated on September 26, 2024