Nestled on a prime piece of real estate at 1 Alwyn Avenue, Te Atatu South, this 1963-built residential property boasts a freehold title and a generous floor area of 205 square meters on a level contour. The exterior walls, constructed of wood, and the iron roof are in average condition. The layout encompasses four bedrooms, a study, two bathrooms, an open-plan living area, and a large entertaining deck, along with a single car park. This property has seen decades of the same family ownership and holds immense potential for renovation or future development.
Since 2017, the capital value has shown a remarkable increase of 65%, reaching $1,650,000 as per the latest government valuation in June 2021. The HouGarden AVM estimates the property's worth at $1,635,000, which aligns closely with the government's valuation. The recent sales history and rapid CV growth are indicative of the area's desirability and investment potential.
For families with school-aged children, the property falls within the zones of highly regarded schools such as Rutherford College (decile 5) for secondary education, Rangeview Intermediate (decile 4), Flanshaw Road School (decile 5), and St Paul's School in Massey (decile 4). This quiet cul-de-sac location offers a peaceful setting while being conveniently located for easy motorway access and the benefits of quality education.
Updated on November 07, 2024