1/16 Karaka Street, New Lynn, Auckland - Waitakere

Nestled in the tranquil cul-de-sac of Karaka Street, New Lynn, Auckland, this charming 2-bedroom, 1-bathroom unit with a single carpark presents an enticing opportunity. Constructed in 1940 with brick walls and tiled roofing, this unit sits on a level contour with an average condition both inside and out. It holds a Unit Title and offers a floor area of 70 square meters. The property, valued at $670,000 as of June 2021, has seen a CV increase of 34% since July 2017, indicating a promising investment potential. The HouGarden AVM estimates the property's worth at $640,000, making it an attractive prospect for the discerning buyer.

With a rich history of government valuations and recent sales, this property is primed for growth. Its strategic location near LynnMall and transport amenities only adds to its appeal. The seller is highly motivated, creating a perfect scenario for a first home buyer or investor looking to renovate and reap future benefits.

For families with school-aged children, the property falls within the zones of Kelston Intermediate (Decile 2), Kelston Boys' High School (Decile 3), Kelston School (Decile 3), and Kelston Girls' College (Decile 2), ensuring access to quality education.

Updated on October 17, 2024