Nestled in the tranquil Te Atatu Peninsula, this contemporary 1-bedroom, 1-bathroom townhouse with a single carpark on a freehold title is a gem in the Auckland property market. Constructed with iron roofing and wooden walls, this 54sqm home sits on a level 110sqm section at 1/110 Kervil Avenue. The property, built in 2023, is in good condition both inside and out, making it an attractive investment with a CV of $730,000 as of June 2021. The latest sale history shows a sale price of $599,000 on June 1, 2021, and a previous sale at $1,195,000 on September 4, 2020, indicating a significant growth potential. The HouGarden AVM estimates the property value at $725,000, reflecting a promising investment opportunity.
For families with school-aged children, the property falls within the zones of Matipo Road School (Decile 7), Te Atatu Intermediate (Decile 6), Peninsula Primary School (Decile 5), Rutherford College (Decile 5), and St Paul's School (Massey) (Decile 4), offering a range of educational options. This townhouse not only promises modern comfort with stylish finishes and an open-plan design but also ensures a steady income with a tenant already in place. Its prime location, near shopping, schools, and public amenities, further enhances its appeal.
With the remainder of the building warranty spanning 8 years, this property presents a secure investment choice for both new and experienced investors. The combination of a sought-after location, a well-maintained property, and the potential for capital value growth makes this townhouse a stand-out opportunity in the Te Atatu Peninsula real estate market.
Updated on November 11, 2024