10 Prospect Terrace, Pukekohe, Auckland - Franklin

Nestled at 10 Prospect Terrace, Pukekohe, Auckland - Franklin, this charming residential dwelling on a freehold title boasts 2 bedrooms, a spacious floor area of 114sqm, and a generous land size of 1012sqm. Constructed in 1940 with brick walls and tiled roof, the property enjoys an average condition with easy/moderate fall contour, offering breathtaking views of the Pukekohe Rugby stadium. The capital value has seen a remarkable increase from $640,000 in 2017 to $1,250,000 as of June 2021, showcasing a growth of 95.31%. The property is just off the main road, 600m from the upcoming electrified Pukekohe Train Station, and is zoned for the highly sought-after Valley School with a decile rating of 8.

With a HouGarden AVM of $1,200,000 and a sales history reflecting growth from $320,000 in 2008 to $355,000 in 2011, this property presents a golden opportunity for investors. The Terrace Housing & Apartment Building zoning allows for intensive development, potentially5 to 7-story urban residential living. Enjoy the benefits of a quiet cul-de-sac while being minutes away from the train station and the vibrant town center, filled with cafes, restaurants, and the famous Pukekohe Farmer's Market.

Education is a highlight with the property being in the zones of Valley School, Pukekohe Intermediate (decile 5), and Pukekohe High School (decile 6). This combination of location, potential for development, and access to quality education makes it an unbeatable investment. Don't miss out on this wealth-making opportunity in the heart of a rapidly growing town.

Updated on October 21, 2024