Nestled at the end of a serene cul-de-sac on 2/7 Rewarewa Road, Te Atatu Peninsula, this 1989-built residence boasts 3 bedrooms, 1 bathroom, and a single carpark. The 78sqm floor area is complemented by an Iron roof and Fibrous Cement walls, all in good condition. It sits on a Cross-Lease title with a property contour that offers easy to moderate fall. The government's capital value has seen a 31% increase from $780,000 in 2017 to $1,020,000 as of June 2021. HouGarden's AVM estimates the property at $1,010,000, while the latest sale history shows a significant jump from $115,499 in 2003 to $165,000 in 2001.
For families, the property falls within the decile 6 Te Atatu Intermediate, decile 5 Peninsula Primary School, and Rutherford College for secondary education. St Paul's School in Massey, a contributing school with a decile rating of 4, is also an option. This home not only offers a prime address but also the potential to add value through renovation or development, with the neighboring property at 1/7 Rewarewa Road also available, presenting a rare opportunity for over 1600m2 of flat land.
With services on site, a private driveway, and mature trees providing shelter, this property invites you to seize a once-in-a-generation opportunity. Close to the foreshore, wetlands, and shopping precinct, it's a perfect blend of convenience and potential.
Updated on December 02, 2024