Nestled in the coveted Te Atatu Peninsula, 1 River Road stands as a charming two-storey residential dwelling on a freehold section. Constructed in 1950 with wood walls and an iron roof, this 120sqm home with a 463sqm land area includes 3 bedrooms, a bathroom, and a carpark. The property's capital value has seen a rapid increase from $830,000 in 2017 to $1,120,000 as of June 2021, reflecting a growth of 34.94%. The latest sale history shows a significant jump from $326,000 in 2009 to $760,000 in 2019. HouGarden AVM estimates the property's value at $1,092,500. This home, situated in a quiet cul-de-sac, is perfect for those seeking a renovation project with immense potential for value addition.
For families with school-aged children, the property falls within the zones of Matipo Road School (Decile 7), Te Atatu Intermediate (Decile 6), Rutherford College (Decile 5), and St Paul's School in Massey (Decile 4). The open-plan living area, separate modern kitchen, and covered deck provide an ideal setting for family gatherings and entertainment. With a bit of tender loving care, this property can be transformed into your dream home.
Don't miss the opportunity to add your personal touch to this unique home in a sought-after school zone. Act now and seize this chance to revamp and add value to a property with a promising future.
Updated on August 02, 2024