Nestled on a generous 809sqm section in the coveted Te Atatu South, this 3-bedroom, 1-bathroom residential gem with a separate toilet presents an exciting opportunity for families, builders, and developers. Constructed in 1950 with iron roofing and wooden walls in average condition, this freehold property offers a mix of convenience and potential. The capital value has seen a remarkable increase of 88.39% from $775,000 in 2017 to $1,460,000 as of June 2021. The HouGarden AVM estimates the property's worth at $1,332,500, while the latest sales history shows a significant jump from $190,000 in 2001 to $403,000 in 2011.
With a quiet and private cul-de-sac location, the property is zoned for top-rated schools such as Freyberg Community School, Rangeview Intermediate, and Rutherford College. The site's Mixed Housing Urban Zone status opens doors for potential development, subject to council approval. Notably, the property is outside the Watercare Capacity Constraints Area, ensuring no restrictions on water supply. Just a 5-minute drive to West City and the Northwestern Motorway, and a 15-minute commute to Auckland CBD, the location couldn't be more ideal.
Enjoy the benefits of a north-facing deck that invites outdoor living, and the proximity to Te Atatu South Park, just a 3-minute walk away. This property is not just a home; it's an opportunity to create your own haven or leverage its promising CV growth for future gains.
Updated on December 16, 2024