2/36 Valentine Street, Papakura, Auckland - Papakura

Nestled at 2/36 Valentine Street, Papakura, Auckland, this residential dwelling on a cross-lease title boasts 3 bedrooms, 1 bathroom, and 3 parking spaces. Constructed in 1993 with fibrous cement walls and an iron roof, both in fair condition, this level property is a perfect blend of convenience and comfort. The capital value has seen a significant increase from $450,000 in 2017 to $620,000 as of June 2021, reflecting a growth rate of 37.78%. The HouGarden AVM estimates the property's worth at $592,500, while the latest sales history shows transactions at $178,000 in 2011 and $185,000 in 2008.

For families with children, the property falls within the zones of Cosgrove School, Kelvin Road School, Papakura Intermediate, and Papakura High School, all contributing to a decile 1 rating. This indicates a promising educational environment for your little ones. The location is a quiet cul-de-sac, ensuring peace and privacy, with supermarkets and the train station conveniently close by.

Investors will be enticed by the existing eager tenants, providing an immediate rental income opportunity. This property is not just a house; it's a wise investment that could secure your financial future. Don't let this chance slip by to elevate your lifestyle in an affordable first home.

Updated on October 21, 2024