4b Karihi Road, Karaka, Auckland - Papakura

Nestled in the serene Karaka, Auckland, 4b Karihi Road presents a compelling opportunity on a Freehold titled section. This vacant residential property boasts an expansive land area of 165 square meters, with the potential to build your dream home. The details of the exterior walls and roof construction are yet to be discovered, adding a layer of mystery to this promising property.

With a Capital Value (CV) of $315,000 as of June 2021, the property has shown a significant increase in value. The HouGarden AVM estimates it at $305,000, while the latest sales history showcases a leap from $705,000 in May 2021 to $840,000 in February 2022. This reflects a substantial growth percentage, making it an attractive investment.

For families with educational priorities, this property falls within the zones of both Rosehill College, a Secondary school with a decile rating of 5, and Ngakoroa School, a Full Primary. The convenience of such reputable educational institutions nearby adds immense value to this property, making it an ideal choice for families with young children.

Updated on April 26, 2024