108 Atkinson Road, Titirangi, Auckland - Waitakere

Nestled in the serene cul-de-sac of 108 Atkinson Road, Titirangi, Auckland, this charming and renovated 3-bedroom, 1-bathroom residential dwelling on a Freehold title boasts a capital value increase of 50.57% since 2017. Constructed in 1948 with robust fibrous cement walls and roof in good condition, the property sits on a 966sqm section with an easy/moderate contour, and a floor area of 86sqm. The latest sale in May 2021 was at $1,315,000, a significant jump from the $470,000 sale in 2014. The HouGarden AVM estimates the property's value at $1,159,500, while the government's capital value as of June 2021 is $1,325,000. The residence is complemented by a north-facing deck, a fully fenced flat backyard, and a bonus frontage shop previously used as an art studio, currently generating over $20,000 p.a. in rental income. It's located across from the decile 8 Kaurilands School, with Glen Eden Intermediate and Green Bay High School also in the vicinity.

With a CV growth rate that outpaces the market, this property is not just a home but a sound investment. The potential for further development on the generous section makes it an attractive prospect for investors, developers, or those looking to secure their future with a land bank.

For families, the school network is a significant draw, with Kaurilands School, Glen Eden Intermediate, and Green Bay High School all highly rated, providing a solid educational foundation for children.

Updated on October 23, 2024