17 Tiroroa Avenue, Te Atatu South, Auckland - Waitakere

Nestled in the serene Tiroroa Avenue of Te Atatu South, Auckland, lies a remarkable freehold property - a residential haven with income potential. This expansive home boasts seven bedrooms, two car parks, and a floor area of 340 square meters on a generous 835 square meter site. The exterior walls are crafted from wood, while the roof is a mix of materials, both in mixed condition, reflecting a charming fusion of old and new. Since 2017, the capital value has surged by 31.92%, reaching an impressive $1,715,000 as of June 2021.

With a HouGarden AVM of $1,597,500 and a latest sale record in 2002 at $240,000, this property presents a compelling investment opportunity. The government's valuation history shows a consistent increase, indicating a sound investment with further growth potential. The property's versatility is evident, with a 1960's four-bedroom bungalow and a more recent three-bedroom dwelling, making it perfect for extended families, multigenerational living, or as a lucrative rental venture.

Education is a key highlight, with Rutherford College (decile 5, secondary) and Rangeview Intermediate (decile 4, intermediate) within the zone, along with Freyberg Community School (decile 5, contributing). This is not just a property; it's a lifetime opportunity knocking at your door.

Updated on May 17, 2024