Nestled in the tranquility of a quiet cul-de-sac at 60 Tatariki Street, Rosehill, Auckland, lies this inviting 3-bedroom, 1-bathroom residential dwelling on a freehold site. Constructed in 1968 with wood walls and tiled roof, both in good condition, this property sits on a levelled 708sqm land area with a floor space of 97sqm. The property's capital value has seen a significant increase from $560,000 in 2017 to $975,000 as of June 2021, reflecting a growth rate of 74.11%. The latest valuation from HouGarden AVM estimates the property at $950,000, making it an attractive investment opportunity.
History shows a sale in 2005 for $212,000, indicating the property's consistent rise in value. The location is further enhanced by its proximity to schools, with Mangapikopiko School, Rosehill Intermediate, and Rosehill College all within easy walking distance, boasting deciles of 1, 3, and 5 respectively. This home, with its potential for renovation and subdividable land, presents a golden opportunity for those looking to enter the market before prices soar.
As a deceased estate, this property is set to be sold. Don't miss your chance to transform this 1960s family home into a real gem. With the right skills, you could refresh the existing 100sqm home or explore options for a minor dwelling addition, taking advantage of the Mixed Housing Suburban zoning. The site is flood-free, with services onsite and just outside the boundary, suitable for potential subdivision into up to 6 lots. Auction is set for 11 am, 13th August 2024, unless sold prior.
Updated on August 14, 2024