Nestled in the serene Tamaki Drive, this residential gem in Kohimarama, Auckland, boasts 7 bedrooms and 3 car parks. Constructed in 1970 with quality brick walls and tiled roofing, this leasehold property is in a good condition both inside and out. The 188 square meter floor area is complemented by a level contour, making it an ideal investment or development opportunity with world-class sea views. The property has seen a significant increase in Capital Value (CV), rising from $1,700,000 in 2017 to $2,275,000 as of June 2021, marking a 33.82% growth.
With a HouGarden AVM of $2,220,000, the latest sales history includes transactions in 2006 for $525,000 and in 2001 for $318,000, showcasing the property's consistent appreciation. This prime location is zoned for Mixed House Urban, allowing for potential development up to 3 levels.
For families with school-aged children, the property falls within the catchment area of highly-rated schools. Baradene College and Selwyn College, both secondary schools, are rated 9 and 4 respectively on the decile scale. Kohimarama School and St Ignatius School in St Heliers, offering full primary and contributing education, are both 10 decile schools.
Updated on August 21, 2024