Nestled on a spacious 1,209m2 section in the sought-after Terrace Housing and Apartment Building zone of Te Atatu Peninsula, this freehold property is a charming family home with 4 bedrooms, 2 bathrooms, and 2 car parks. Constructed in 1960 with mixed materials for the walls and tiles for the roof, it presents an average condition inside and out. The property's capital value has seen a rapid increase of 29.63% from $1,323,000 in 2017 to $1,715,000 as of 2021, echoing the potential for investment. The latest sale history includes transactions in 2015 and 2001, with the HouGarden AVM currently valuing the property at $1,700,000.
With a floor area of 140m2, the residence offers a generous separate kitchen, open-plan living, and dining that blend seamlessly with outdoor spaces. The master suite is particularly appealing with its own bathroom and deck access. The property is located in a prime area with easy motorway access and nearby bus stops, enhancing its appeal. It falls within the zones of Matipo Road School (Decile 7), Te Atatu Intermediate (Decile 6), Rutherford College (Decile 5), and St Paul's School (Massey) (Decile 4), making it an ideal choice for families with educational considerations.
Whether you choose to renovate and land-bank or explore its development potential, this property is a golden opportunity for investors and developers looking to make a mark on Auckland's real estate landscape.
Updated on November 11, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.18 km | 4 | 2 | 138m2 | 2024 12 05 | $1,090,000 | Council approved | |
 | 0.05 km | 3 | 1 | 92m2 | 2024 09 23 | $986,500 | Council approved | |
 | 0.15 km | 4 | 2 | 138m2 | 2024 09 13 | $1,100,000 | Council approved | |
0.20 km | 2 | 1 | 65m2 | 2024 08 22 | $656,000 | Council approved | ||
 | 0.07 km | 4 | 2 | 190m2 | 2024 08 07 | $1,276,276 | Council approved |