1/32 Karaka Street, Takapuna, Auckland - North Shore

Nestled in the serene cul-de-sac of Karaka Street, this charming residential unit at 1/32 Karaka Street, Takapuna, Auckland - North Shore, boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1960 with brick walls and tiled roofing, this cross-lease property sits on a level contour with average wall and roof conditions. It presents a unique opportunity for potential buyers seeking a home in a prime location.

With a government valuation (CV) of $990,000 as of June 2021, the property has shown a remarkable increase of 28.57% since July 2017. The HouGarden AVM estimates the property's worth at $922,500, making it an attractive investment with a promising growth trajectory. Historically, the property has been a stable source of income, currently tenanted with an annual return of over $140,000.

Educationally endowed, the property falls within the zones of highly-rated schools such as Westlake Boys' and Girls' High Schools, both with a decile rating of 9, as well as Takapuna Normal Intermediate and Takapuna Grammar School, with deciles of 9 and 10 respectively. This ensures access to quality education for families with school-aged children.

Updated on July 11, 2024