3 Lewis Road, Pakuranga, Auckland - Manukau

Nestled on an expansive 827m2 freehold section in the serene cul-de-sac of Lewis Road, Pakuranga, Auckland, this residential property boasts a charming 4-bedroom home with a single carpark. Constructed in the 1950s with solid brick walls and tiled roofing, the house stands as a testament to classic craftsmanship with its well-maintained walls and average roof condition. The property, with a floor area of 200m2, is situated on a section with an easy to moderate fall, offering potential for estuary views from a multi-level structure. The site is primed for development, landbanking, or investment, especially with Pakuranga's improving infrastructure and its classification within the Terrace Housing and Apartment Zone.

From a financial perspective, the property's Capital Value (CV) has seen a staggering increase of 107.05% from $1,135,000 in 2017 to $2,350,000 as of June 2021. The HouGarden AVM estimates the property's value at $2,327,500, while the latest sale record dates back to 1988 at $180,000. This upward trend in value is a clear indicator of the area's growth potential.

For families with school-aged children, the property falls within the zones of several esteemed educational institutions. Sancta Maria College, a secondary school with a decile rating of 7, is in close proximity. Additionally, Edgewater College, Pakuranga Intermediate, and Pakuranga Heights School offer a range of educational options, each with their own unique decile ratings, ensuring a quality education for all ages.

Updated on November 29, 2024