Nestled in the tranquility of 108/3 Rauemi Way, Te Atatu South, this Auckland property is a charming residential apartment. It boasts 2 bedrooms, 1 bathroom, and a single carpark, all within a floor area of 50 square meters. The unit is governed by a Unit Title, ensuring clear ownership rights. The Iron roof and Concrete walls are both in good condition, reflecting the building's youth as it was constructed in 2024. The property stands on a level contour, adding to its ease of living. This home is not only a comfortable abode but also a sound investment, given its increasing value.
As per the latest valuations, the Capital Value (CV) as of June 2021 stands at $560,000, while the HouGarden AVM estimates it at $537,500. The property's worth has seen a tangible increase, marked by the recent sale on August 31, 2024, at $580,000. This represents a significant growth percentage, making it an attractive prospect for potential buyers.
For families with children, the property falls within a desirable school zone. The local schools are known for their high decile ratings, ensuring quality education for the young ones. This aspect adds another layer of appeal to an already promising property.
Updated on October 16, 2024