40 Rutherford Terrace, Meadowbank, Auckland

Nestled in the serene Rutherford Terrace of Meadowbank, Auckland, lies this exquisite 4-bedroom, 2-carpark haven with a floor area of 236sqm, gracefully set upon a 405sqm freehold section. Constructed in the 1950s with wood walls and tiled roof, both in good condition, this residential dwelling exudes a warm and inviting ambiance. The property, with its easy/moderate contour, boasts a capital value that has seen a remarkable increase of 35.71% from $1,400,000 in 2017 to $1,900,000 as of June 2021. The HouGarden AVM estimates it at $1,822,500, making it an attractive investment. The home offers a spacious living area that flows onto a sun-drenched deck with views of Rangitoto, the Sky Tower, and CBD, while the private garden allows for family fun.

As for the property's valuation, the rapid CV growth is a testament to its appeal, with a recent sale history that speaks volumes about its desirability. This is further enhanced by its location in a prime school zone, being in the catchment area for St Thomas School (decile 10), Selwyn College (decile 4), and Baradene College (decile 9), ensuring top-notch education for the family.

Indeed, this property not only promises a comfortable lifestyle but also a sound investment in a sought-after location, making it a choice that could be the best buy in Meadowbank.

Updated on April 18, 2024