Nestled in the serene cul-de-sac of Mcleod Road, Te Atatu South, this stunning 5-bedroom, 3-bathroom cross-lease property is a perfect blend of comfort and convenience. Constructed in 1988 with a mix of materials for the walls and iron for the roof, both in good condition, this residence offers a floor area of 230sqm. The property's Capital Value (CV) has seen a remarkable increase from $830,000 in 2017 to $1,210,000 as of June 2021, reflecting a growth rate of 45.78%. With a HouGarden AVM of $1,180,000 and a history of latest sales at $785,000 in 2016 and $619,000 in 2014, this home presents an attractive investment opportunity.
For families with school-going children, the property falls within the zones of highly regarded schools such as Rutherford College (decile 5), Rangeview Intermediate (decile 4), and Henderson High School (decile 3), ensuring access to quality education. The prospect of income potential and the motivated vendors make this property an even more enticing proposition.
Not only does this sun-drenched home offer spacious living on two levels, but it also features a renovated super-functional kitchen, expansive living and dining areas, and an elevated deck that captures urban views. The upstairs boasts an oversized living space, three double bedrooms, including a master ensuite, while the downstairs provides a self-contained space with two additional bedrooms, a third bathroom, and laundry, ideal for extended family or guests.
Updated on August 09, 2024