665 Te Atatu Road, Te Atatu Peninsula, Auckland - Waitakere

Discover the untapped potential of 665 Te Atatu Road, Te Atatu Peninsula! Nestled in a serene location, this property boasts a 3-bedroom, 1-bathroom residence with a single carpark, covering a floor area of 112m2 on a substantial 837m2 freehold section. The property, characterized by its brick walls and iron roof, reflects the architectural essence of 1961, with both the wall and roof conditions rated as average. The level contour of the land accentuates its appeal, presenting a canvas ripe for development or renovation.

Since its last sale in 2015 for $875,000, the property has seen a remarkable capital value increase to $1,850,000 as of June 2021, marking an 85.5% growth. This surge is underpinned by its strategic location and development potential, highlighted by its latest HouGarden AVM at $1,780,000. The property's history of capital appreciation, coupled with its zoning for Terrace Housing and Apartment Building, underscores its potential as a lucrative investment or development project.

Education is a cornerstone of the Te Atatu Peninsula, with the property zoned for Te Atatu Intermediate (decile 6), Peninsula Primary School (decile 5), Rutherford College (decile 5), and St Paul's School (Massey) (decile 4). This diverse educational offering ensures a solid foundation for families looking to establish roots in a community-focused area.

Updated on April 04, 2024.