Nestled in the serene cul-de-sac of Wairau Road, Totara Vale, this charming 3-bedroom, 1-bathroom residential property is set on a generous 809 sqm of freehold land. Constructed in the 1950s with wood walls and tile roofing, this home offers a fair condition both inside and out. The property, with an easy to moderate fall contour, is perfect for those looking to roll up their sleeves and embark on a new project. The current capital value as of June 2021 is $1,600,000, reflecting a significant increase of 65% from its July 2017 valuation of $970,000. HouGarden AVM estimates the property at $1,490,000, making it an attractive prospect for developers, first home buyers, and flippers.
With a rich history within the family, the property is not just a home but a canvas for potential. It is zoned for Mixed Housing Urban, adjacent to Ayton Reserve, and boasts a prime location close to Wairau Park and motorways. The government's decile rating for schools in the area is impressive, with Wairau Intermediate School scoring a 7, Target Road School a 6, and Glenfield Intermediate School also a 6, ensuring quality education for the family.
Ignore the CV and online estimates – this property is a gem waiting to be discovered. It's a prime location that holds immense opportunity for the right buyer. Don't miss your chance to explore this property, either by attending an open home this weekend or contacting Anika for more information.
Updated on May 14, 2024