Nestled in the serene Botany Downs, this freehold property at 146 Botany Road boasts a level contour with well-maintained brick walls and an iron roof, constructed in the year 1990. It features 4 bedrooms, a generous floor area of 180 square meters, and a land area of 623 square meters, complete with 2 car parks. The property has shown a significant Capital Value (CV) increase from $1,025,000 in July 2017 to $1,400,000 as of June 2021, indicating a growth rate of 36.59%. The HouGarden AVM estimates the property's value at $1,280,000, with the latest sale recorded in 2015 at $840,000, and a previous one in 2008 at $475,000.
With a CV history reflecting steady growth, this property is not only an attractive investment but also a perfect family home. It is zoned for the high decile Botany Downs School and Star of the Sea School, with Sancta Maria College and Pakuranga College nearby for secondary education. Howick Intermediate offers an option for intermediate schooling. The location is convenient, with easy access to shopping plazas, restaurants, and transport options, as well as the scenic Cascades Walkway and Millhouse Reserve.
Approved for three lots with the Resource Consent and EPA, this property presents a rare opportunity in the current market. The existing home has a large living area, four bedrooms, and three bathrooms, with a tenant in place providing potential income while planning your build. Don't miss the chance to view this property and explore its potential.
Updated on December 12, 2024