Welcome to an extraordinary property nestled in the heart of Te Atatu Peninsula – a dual income treasure perfect for rental investors or large families. This freehold property, with its 6 bedrooms and 2 carparks, is situated on a flat 1115 sqm site within a quiet cul-de-sac. Constructed in 1962, the main dwelling is a charming 4-bedroom home with wooden walls and tiled roofing, currently rented for $750 per week. It features modern amenities, a sunny conservatory, and a single garage with workshop space. Additionally, a standalone 2-bedroom granny flat offers further rental potential, with an appraisal of $550 per week. Notably, the property has seen a 70.73% increase in Capital Value from $1,025,000 in 2017 to $1,750,000 as of June 2021. The HouGarden AVM estimates the property at $1,675,000, with the latest sale recorded at $1,525,000 in July 2021. Educationally, the property falls within the zones of Te Atatu Intermediate (Decile 6), Peninsula Primary School (Decile 5), Rutherford College (Year 9-15, Decile 5), and St Paul's School (Decile 4), making it an ideal location for families with school-aged children. Whether you seek a family home, investment, land banking, or development prospects, this property is a golden opportunity.
Updated on October 22, 2024