4/17 Rewarewa Road, Te Atatu Peninsula, Auckland - Waitakere

Located at 4/17 Rewarewa Road, Te Atatu Peninsula, Auckland - Waitakere, this brand new townhouse is a standout property offering a comfortable and convenient lifestyle. With 2 bedrooms, 1.5 bathrooms, and 1 carpark, it spans a floor area of 77m² on a freehold land area of 94m². The property features mixed materials for walls, an iron roof, both in good condition, and is designed for minimal maintenance. Built in 2023, it boasts a level contour and modern Bosch appliances in the open plan kitchen, separate laundry, a spacious living area with a heat pump and double glazing for year-round comfort, and a private backyard with decking/patio area. Highlights include independent parking, double wardrobes in the master bedroom, and no body corp fees.

The property has seen a capital value increase from $800,000 in June 2021 to a HouGarden AVM of $765,000, with the latest sale recorded at $727,000 in January 2024. This demonstrates a notable growth in value, making it an attractive investment with rental income potential of $620-$640 per week. Its location in a quiet cul-de-sac ensures peace and privacy, while being close to transport, shops, schools, and not affected by recent flooding.

Zoned for Te Atatu Peninsula Primary/Intermediate School and Rutherford College, the property is ideal for families, offering access to quality education. The schools in its zone have decile ratings of 5 and 6, indicating a strong commitment to providing a supportive and effective learning environment. The urban views and proximity to coastal walkways, beach, and parks add to the appeal of this property, making it a must-see for first-time buyers, downsizers, or investors.

Updated on April 05, 2024.