5 Thomas Rea Place, Te Atatu South, Auckland - Waitakere

Nestled in the heart of Te Atatu, this charming weatherboard home at 5 Thomas Rea Place, Te Atatu South, Auckland - Waitakere, welcomes you with open arms to a lifestyle of convenience, comfort, and potential. This property, built in 1960, features 3 bedrooms, 1 bathroom, and 2 carparks, spread over a floor area of 89m² on a generous land area of 683m². With its freehold ownership type, the house boasts a classic weatherboard charm with wood wall construction and tile roofing, both in average condition, and sits on a level property contour, making it an ideal haven for both investors and families alike.

From a capital value of $770,000 in 2017 to $1,225,000 in 2021, this property has seen a significant CV increase of approximately 59.09%, reflecting its growing appeal in the market. The latest sale data shows transactions at $1,156,000 in March 2021 and $924,000 in January 2024, with a current HouGarden AVM of $1,175,000, indicating a strong investment potential. This deceased estate offers an unparalleled opportunity for savvy buyers, with its proximity to motorways and essential amenities enhancing its desirability.

Located within the school zones of Rutherford College (Secondary, decile 5), Rangeview Intermediate (Intermediate, decile 4), Flanshaw Road School (Contributing, decile 5), and St Paul's School (Massey) (Contributing, decile 4), this property promises a solid educational foundation for families. The schools' proximity and their respective deciles highlight the community's commitment to quality education, making this location ideal for family living.

Updated on April 06, 2024.