Nestled in the esteemed Rosehill suburb of Auckland, this freehold property at 43 Tatariki Street offers a prime opportunity for both homeowners and investors. Constructed in 1968 with wood walls and an iron roof, the dwelling boasts 3 bedrooms, 1 bathroom, and an expansive 85 square meters of floor area. It sits on a generous 708 square meter section, complete with a separate double garage, ideal for family activities or potential development. The property's capital value has seen a remarkable increase of 66.67% from $570,000 in 2017 to $950,000 as of June 2021, with a HouGarden AVM estimate of $912,500. The latest sales history includes transactions in 2017 and 2016 at $608,500 and $560,000 respectively, highlighting the consistent growth in the area.
For families with children, the property falls within the zones of Mangapikopiko School (decile 1), Rosehill Intermediate (decile 3), and the esteemed Rosehill College (decile 5), offering a comprehensive education pathway. This, coupled with the property's potential for further development, makes it a sound investment with vast potential for rental returns, land banking, or future projects.
With a history of successful development in the area and convenient access to the Southern Motorway and public transport, this property is not just a home but a strategic investment in Papakura's thriving real estate market.
Updated on October 22, 2024