15 Peara Lane, Karaka, Auckland - Papakura

Nestled in the serene Peara Lane of Karaka, Auckland, this 4-bedroom, freehold property is a shining example of modern living. Constructed with robust fibrous cement walls and iron roofing, the double-level duplex is spread across a level 178 sqm section with a floor area of 137 sqm. The well-maintained walls and roof are in good condition, ensuring a sturdy and comfortable abode. This residence is not just a home but an investment, with the capital value increasing to $840,000 as of June 2021, reflecting a significant growth percentage.

History shows a promising trend with the government valuation on the rise, and the HouGarden AVM estimating the property at $805,000. Recent sales in the area further validate the increasing capital value. This property is not just about numbers; it's about the lifestyle it offers, being located in a quiet cul-de-sac, which adds to the appeal and investment potential.

For families with school-aged children, the property falls within the zones of Rosehill College, a secondary school with a decile rating of 5, and Ngakoroa School, a full primary school. These educational institutions are a testament to the quality of the local school network. This property is not just a house, it's a foundation for a bright future.

Updated on October 21, 2024