22 Tuakiri Street, Point England, Auckland City

Nestled at 22 Tuakiri Street, Point England, this residential dwelling on a freehold title boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1950 with wood walls and tiled roofing, the property sits on a level 703m2 section with a floor area of 77m2. The capital value has seen a significant increase from $890,000 in 2017 to $1,450,000 as of June 2021, reflecting a growth rate of 62.92%. The property's external walls and roof are in average condition, while the section's potential for development is enhanced by its Mixed Housing Suburban zoning, just a stone's throw from the Tamaki River.

With a HouGarden AVM of $1,435,000 and a latest sale history of $798,000 in 2015, this property presents a lucrative opportunity. It's currently tenanted at $550 per week, making it an attractive investment. The property is priced $155,000 below the current CV, indicating a vendor keen to sell.

For families, the property falls within the decile 9 Baradene College zone and is close to Tamaki College, Ruapotaka School, and Pt England School, all offering quality education options.

Updated on November 18, 2024