17 Galloway Road, Karaka, Auckland - Papakura

Nestled amidst high-end lifestyle homes and elite rural properties, this 240 square metre, north-facing solid brick home on 3.29 hectares of flat to gentle contour, is a prime example of an investment with growth potential. Built in the 1970s and meticulously rejuvenated, the property at 17 Galloway Road, Karaka, Auckland - Papakura, is a freehold on offer with a capital value (CV) that has seen a 29.5% increase since 2017. The home features 4 bedrooms, an open plan kitchen and dining area, a large lounge with a built-in gas fire, and a master bedroom with an ensuite and walk-in robe. The updated family bathroom, the home office that could serve as a fifth bedroom, and the expansive northern timber deck enhance the living experience. The property includes a double lock up garage, hay barn, mature trees, fruit trees, and is suitable for horses. It is located near Te Hihi School and the ACG Strathallan bus route, and just 9 kilometers from the motorway.

With a current CV of $1,975,000, as of June 2021, and a HouGarden AVM of $1,822,500, the property's value is evident. The latest sale history includes a sale in 2012 for $815,000 and another in 1997 for $350,000, showcasing the appreciating nature of this premium area. The Rosehill College, a secondary school with a decile rating of 5, is in the school zone, adding to the property's allure.

This home, set in a quiet cul-de-sac, is not just a comfortable family residence but also a strategic investment in a location that promises financial appreciation and a high-quality lifestyle.

Updated on May 18, 2024