Nestled in the serene Morrow Terrace, a quiet cul-de-sac in Pukekohe, Auckland, lies a charming residential property on a freehold land of 579 square meters. This 3-bedroom, 117 square meter floor area home, built in 1970 with solid brick walls and iron roofing, is in good condition both inside and out. The property, with a current Capital Value (CV) of $780,000, has seen a remarkable increase of 41.82% since 2017, reflecting a growing investment potential.
History shows a promising trend with the latest sale in 2018 fetching $587,500, a significant jump from the $260,000 sale in 2004. The HouGarden AVM estimates the property's worth at $725,000, further validating its market value. This is a golden opportunity for investors and homebuyers looking to capitalize on a property with such a promising CV growth track record.
For families with children, the property falls within the zones of Pukekohe North School, a full primary with a decile rating of 1, Pukekohe Intermediate at decile 5, and Pukekohe High School, a secondary school rated at decile 6. These educational institutions provide a solid foundation for learning and growth.
Updated on May 23, 2024