Nestled in the serene Alton Terrace, a quiet cul-de-sac in Pakuranga Heights, Auckland, lies a charming 2-bedroom, 1-bathroom residence with a generous 86m² floor area. This freehold property, built in 1965 with wood walls and an iron roof, is set on a sprawling 675m² section with an easy/moderate contour. The property's capital value has seen a substantial increase from $860,000 in 2017 to $1,325,000 as of June 2021, reflecting a growth rate of 54%. The latest sale history includes transactions in 2014 and 2006, with respective prices of $535,000 and $372,000. The HouGarden AVM estimates the property's worth at $1,295,000. This address is zoned for top educational institutions, including Sancta Maria College (decile 7) and Pakuranga Heights School (decile 4), ensuring a quality education for the family.
With a large garage, workshop, and ample off-street parking, this property offers both convenience and potential for further development, subject to council approval. The home's native timber flooring adds a touch of warmth and character, making it a true gem that has stood the test of time. It's a rare opportunity that presents itself once in almost a lifetime – an investment that promises rewards not only for today but also for the next 20 years.
For families with school-aged children, the property falls within the catchment area of well-regarded schools such as Edgewater College (decile 2) and Pakuranga Intermediate (decile 3), ensuring access to a diverse range of educational facilities.
Updated on August 29, 2024