Nestled in the serene Flanshaw Road of Te Atatu South, Auckland, this 4-bedroom gem on a freehold title awaits your attention. Constructed with quality wood walls and tiled roofing, the property presents a well-maintained exterior. The 129 square meter floor area is complemented by an expansive 809 square meter section, providing a generous space for potential development. The capital value has seen a significant increase from $1,025,000 in 2017 to $1,460,000 as of June 2021, reflecting a growth rate of 42.44%. The HouGarden AVM estimates the property's worth at $1,357,500, while the latest sale in 2009 was for $345,000.
For families with school-aged children, the property falls within the zones of Rutherford College (decile 5), Rangeview Intermediate (decile 4), Flanshaw Road School (decile 5), and St Paul's School (Massey) (decile 4), ensuring access to quality education. This, combined with the property's prime location, makes it an ideal investment for both living and future appreciation.
With the adjacent property also available, the potential for a comprehensive development is promising. Whether you seek a family home, an investment opportunity, or a site for a multi-housing unit (MHU), this property offers a rare chance to secure a slice of paradise in a sought-after neighborhood.
Updated on May 15, 2024