75 Titirangi Road, New Lynn, Auckland - Waitakere

Nestled on a quiet cul-de-sac at 75 Titirangi Road, New Lynn, Auckland, this freehold property is a gem for investors, developers, and owner-occupiers alike. Constructed in 1950 with brick walls and tiled roofing, the 83sqm floor area is complemented by a generous 738sqm land area. The property includes a well-presented 80sqm building, a double garage, and boasts an average roof and good wall condition. The site's potential is enhanced by its zoning - Residential - Mixed Housing Urban Zone, which allows for a higher intensity of development. Notably, the capital value has surged by 74.70% from $830,000 in 2017 to $1,450,000 as of 2021, with the HouGarden AVM estimating it at $1,347,500. This is a prime opportunity in a sought-after school zone, with Kelston Intermediate, Kelston Boys' High School, Kelston Girls' College, and Fruitvale Road School all within reach, boasting deciles ranging from 2 to 4.

History shows a consistent rise in the property's government valuation, reflecting its growing worth. The recent sale history and rapid capital value increase indicate a sound investment with promising returns. This property is not just a peaceful haven; it's a golden opportunity waiting to be seized.

For families, the school network is a significant draw. The local schools are well-regarded, with a range of deciles catering to diverse educational needs. This property not only offers potential for growth but also a solid foundation for learning and community engagement.

Updated on June 19, 2024