Nestled in the serene Pakuranga, this 1960s-built family home at 27 Grassways Avenue is a rare freehold gem on a sprawling 1007m2 land, zoned for Mixed Housing Urban development. It boasts 3 bedrooms, 2 carparks, and a floor area of 200m2. The Iron roof and Wood exterior walls are in average condition, exuding a warm, inviting ambiance. The property has seen a significant Capital Value increase of 51.85% from $1,350,000 in 2017 to $2,050,000 in 2021. The HouGarden AVM estimates it at $1,907,500, making it an attractive investment.
With a CV growth rate that outpaces the market, this property's value is undeniable. Its recent sale history and AVM reflect a strong interest in the quarter-acre section, which enjoys water views and ample natural light. The property's potential is further enhanced by its proximity to highly-rated schools like Sancta Maria College (Decile 7) and Pakuranga Heights School (Decile 4), among others, all within an excellent school zone.
Perfect for families, this property is not just a home but a sound investment in a prime location. Its generous space, potential for renovation, and sought-after school network make it a golden opportunity to secure a slice of the Kiwi quarter-acre dream.
Updated on May 22, 2024