Nestled in the serene Alwyn Avenue of Te Atatu South, Auckland, this charming 1950s freehold property boasts a brick exterior and tiled roof. Offering 3 bedrooms, a spacious floor area of 130sqm, and a carpark, it sits on a land area of 817sqm with an easy/moderate rise contour. The property has seen a significant Capital Value increase of 72.91% from $890,000 in 2017 to $1,530,000 as of June 2021. HouGarden AVM estimates it at $1,517,500. Notably, the latest sales were in 2005 for $335,000 and 2004 for $300,000. The house is well-maintained with a heat pump and HRV system, and a partially covered deck for outdoor enjoyment.
With a CV growth that outpaces the market, this property also holds potential for future development, given the section size and existing services. It is located in a prime school zone, with Rutherford College (decile 5) for secondary education, and Rangeview Intermediate (decile 4), Flanshaw Road School (decile 5), and St Paul's School (Massey) (decile 4) for primary and intermediate levels.
For those seeking a convenient and green lifestyle, this property is just minutes from the motorway, with easy access to the city, North Shore, and the airport. The nearby cycleway and upcoming Whau Walkway to New Lynn provide excellent options for outdoor enthusiasts. This must-sell deceased estate presents a golden opportunity for families and investors alike.
Updated on November 29, 2024