4/236 Te Atatu Road, Te Atatu South, Auckland - Waitakere

Nestled in the tranquil cul-de-sac of Te Atatu South, this 1974-built residential gem boasts 2 bedrooms, 1 bathroom, and a single carport. The property, with a floor area of 70 square meters, features a sturdy brick exterior and an iron roof, both in good condition. It sits on an easy/moderate fall contour and is under a Cross-Lease ownership. Representing an excellent opportunity, the capital value has seen a growth of 40.74% from $540,000 in 2017 to $760,000 as of June 2021. The HouGarden AVM estimates it at $705,000, while the latest sale was recorded at $736,000 in November 2021, a significant increase from the 1997 sale price of $157,000.

For families, the property falls within the decile 5 Rutherford College and is also in close proximity to Rangeview Intermediate, Edmonton School, and Freyberg Community School, all offering quality education. This low-maintenance, corner brick unit with its own lock-up storage is not just a home but a smart investment. Privately positioned away from the road, it's conveniently located near amenities, shops, transport, and motorways. Don't miss this chance to turn the owner's loss into your gain!

Updated on May 17, 2024