Nestled in the serene Waiatarua, this 4-bedroom, freehold property on 10 Raroa Terrace boasts a capital value of $1,300,000 as of June 2021, showcasing a growth of 43% since July 2017. Constructed in 1950 with fibrous cement walls and iron roofing, the 186m² floor area is complemented by a spacious 1264m² land area. The recently renovated home is a masterpiece of minimalist design meets high-quality character, featuring a brand-new kitchen, laundry, and bathrooms, all enhanced with soft-close drawers and designer light fittings. The Romeo and Juliet balcony adds a touch of romance to this already charming residence. With a multi-level deck, outdoor entertainment zone, and ample parking for over 10 cars, privacy and security are paramount with an electric gate. The innovative layout includes two living areas, an open-plan kitchen-dining, and a downstairs suite ideal for guests or a home studio. Upstairs, the master wing offers a versatile space, while the second wing has two bedrooms with a loft, appealing to children. Set in a tranquil, park-like setting, the property is in the zone for esteemed schools such as Oratia School (Decile 9) and is only a short drive to Titirangi Village.
As for the property's valuation, the HouGarden AVM estimates it at $1,270,000, with the latest sale recorded at $900,000 in 2019 and $550,000 in 2006. This home not only offers a quiet cul-de-sac lifestyle but also a smart investment with a CV increase that outpaces the market average.
For families with school-aged children, the property falls within the catchment area of Bruce McLaren Intermediate School (Decile 2), Oratia School, and Henderson High School (Decile 3), ensuring access to quality education.
Updated on August 09, 2024