Located in the heart of Patumahoe, Auckland - Franklin, the property at 26 Mauku Road is a unique find for small business owners or professionals looking to work from home. This industrial/multiple other category property features a 2-bedroom home with a modern kitchen, an internal garage, and an expansive garage previously used as a lounge/dining/office space with 2 extra rooms. The property, built in 1970, has wood walls and an iron roof, both in poor condition, spans 140 square meters on a 483 square meter freehold land. The solar panels and woodburner are notable additions, enhancing comfort. The property's prime location, just a short walk from Patumahoe School, and its ample parking and road frontage, offer potential for running a business from the massive garage. The covered deck area provides a perfect spot for relaxation or entertaining.
From a financial perspective, the property has seen a significant increase in capital value, from $470,000 in 2017 to $660,000 in 2021, marking a 40.43% growth. The latest sale in December 2020 was at $650,000, slightly above the HouGarden AVM of $645,000. This growth trajectory underscores the property's investment potential.
The property falls within the zones for Patumahoe Primary School (decile 8), Pukekohe Intermediate (decile 5), and Pukekohe High School (decile 6), offering quality education options for families. These schools' ratings reflect the community's educational standards and the property's advantageous location for families.
Updated on March 21, 2024.