Nestled in the tranquil Pakuranga Heights, this freehold property at 46 Cardiff Road boasts a 4-bedroom family home with a floor area of 140sqm, set on a steeply rising 716sqm section. Constructed in 1968, the home features wooden walls and an iron roof, both in average condition. The property, with a single carpark, offers a serene lifestyle with its fantastic indoor-outdoor flow to a front balcony, rear patio, and a sizeable backyard.
Since 2017, the Capital Value (CV) has seen a remarkable increase of 61%, reaching $1,575,000 as of June 2021. The HouGarden AVM estimates the property's value at $1,537,500, while the latest sales in 2008 were both at $470,000. This growth highlights a sound investment opportunity in a sought-after location.
For families with school-aged children, the property falls within the zones of Sancta Maria College (Decile 7), Edgewater College (Decile 2), Pakuranga Intermediate (Decile 3), and Pakuranga Heights School (Decile 4), ensuring access to quality education. Given the upcoming infrastructural developments and the property's potential for rental income, transformation, addition of a minor dwelling, or relocation, this property presents the height of perfection for investors and developers alike.
Updated on August 02, 2024