Nestled on a steep rise at 17 Elizabeth Street, Pakuranga, Auckland, this vacant land with multiple housing potential boasts a freehold title. Constructed in 1965, the property features wood exterior walls in good condition and an iron roof that's average. It spans across 1171 square meters with a floor area of 170 square meters, and includes 2 car parks. A prime piece of real estate, it's poised for development with its increasing capital value.
Since 2017, the capital value has surged by 55%, from $1,000,000 to the current $1,550,000 as of June 2021. The HouGarden AVM estimates the property's worth at $1,537,500, while the latest sale records from September 2024 indicate a transaction at $1,350,000, a significant jump from the $310,000 sale in 2004.
For families with school-aged children, the property falls within the zones of reputable schools. Sancta Maria College, a secondary school with a decile rating of 7, caters to Year 7-15. Edgewater College, a secondary school with a decile rating of 2, serves Year 9-15. Pakuranga Intermediate, with a decile rating of 3, and Pakuranga Heights School, a contributing school with a decile rating of 4, are also within the vicinity.
Updated on November 13, 2024