Introducing a meticulously maintained property at 1/8 Wellington Street, Papakura, Auckland - Papakura, offering a blend of comfort and convenience. This residential dwelling features 2 bedrooms, with a floor area of 106m2, and is constructed with brick walls and tile roofing, reflecting its good condition since its build in 1985. The property, under a Cross-Lease ownership type, is characterized by its level contour, making it an ideal choice for those seeking a serene living environment.
The property has seen a notable increase in its capital value, from $700,000 in July 2017 to $860,000 in June 2021, marking a 22.86% growth. The latest HouGarden AVM estimates its value at $847,500. Historical sales data reveals a sale at $688,500 in June 2016, following a previous sale at $568,000 in February 2016. This trajectory underscores the property's appreciating value and investment potential.
Located within the school zones of Papakura Central School (decile 4), Rosehill Intermediate (decile 3), and Rosehill College (decile 5), this property promises a conducive educational environment for families. Its strategic location offers easy access to local amenities, including Papakura Town Centre and public transport, making it a compelling choice for first home buyers, investors, or those looking to downsize.
Updated on March 21, 2024.