Nestled in the serene Te Atatu South, this charming 3-bedroom, 1-bathroom residence on 102sqm floor area is a freehold opportunity on a generous 764sqm section. Constructed in 1965 with wood walls and iron roofing, both in average condition, it sits on a property with an easy/moderate contour. The government's capital value has seen a significant increase from $830,000 in 2017 to $1,365,000 as of June 2021, reflecting a growth rate of 64.46%. The HouGarden AVM estimates the property at $1,332,500, while the latest sales were at $820,000 in 2016 and $335,000 in 2009.
For families, the property falls within the zones of Rutherford College (decile 5), Rangeview Intermediate (decile 4), Edmonton School (decile 4), and Henderson High School (decile 3), ensuring access to quality education. The location, zoned for Mixed Housing Urban, is ripe for development or land banking, with the stormwater connection project enhancing future potential.
With its prime location, close to local amenities and well-connected to State Highway 16, this property is not just a home but a sound investment. Whether you're an investor or a first-home buyer, this fully-fenced property with a sunny terrace, detached garage, and a landscaped backyard is a rare find.
Updated on August 20, 2024