Nestled in the tranquility of 16 Marlene Avenue, Te Atatu South, this residential vacant property boasts a freehold title on a generous 1128 sqm of land. Constructed in 1950 with fibrous cement walls and an iron roof, the property presents an average condition both inside and out. It offers a comfortable living space with a floor area of 90 sqm, complemented by 2 car parks. The property's contour is characterized by an easy to moderate fall, adding to its unique charm.
As for the financials, the capital value has seen a remarkable increase from $1,068,800 in July 2017 to $1,520,000 as of June 2021, reflecting a growth rate of 42.22%. The HouGarden AVM estimates the property's worth at $1,527,500. The latest sale history includes transactions in August 2024 for $1,380,000 and November 2002 for $235,000, showcasing the property's consistent appeal over the years.
For families with school-aged children, the property falls within the zones of Rutherford College, a secondary school with a decile rating of 5, Rangeview Intermediate with a decile rating of 4, Flanshaw Road School, and St Paul's School in Massey, both contributing schools with decile ratings of 5 and 4 respectively, ensuring quality education options.
Updated on September 11, 2024