Nestled in the serene Pakuranga Heights, this 1973-built property on 916sqm of freehold land at 174 Cascades Road offers a blend of comfort and potential. The four-bedroom, two-bathroom home with an iron roof and fibrous cement walls is in good condition, boasting a floor area of 107sqm. It has seen a significant Capital Value increase of 78.8% from $825,000 in 2017 to the current $1,475,000. The property, with a HouGarden AVM of $1,417,500, presents a history of sales, the latest being in 1992 for $138,000. Its prime location is within the decile 7 Sancta Maria College and Pakuranga College zones, and the decile 8 Farm Cove Intermediate, offering an excellent educational catchment area.
With a property contour that's level and a generous off-street parking space, this home is perfect for family living or as a development opportunity. The latest sale history and the property's potential make it an attractive prospect for developers, homebuyers, and land bankers. It's proximity to main arterial routes, Botany Shopping Centre, and recreational facilities like the Pakuranga Golf Course, only add to its allure.
For those seeking a sound investment in a sought-after school zone, this property is a golden opportunity. The educational institutions in the vicinity, including Elm Park School, provide a solid foundation for families with children of all ages.
Updated on October 18, 2024