2/116 Wallace Road, Papatoetoe, Auckland - Manukau

Nestled in the vibrant heart of Papatoetoe on 2/116 Wallace Road, this cozy residential property boasts 2 comfortable bedrooms, a single-storey layout, and a charming appeal ideal for small families or investors. Constructed in 1965 with brick walls and tiled roofing, this cross-lease unit offers an open plan living space that invites natural light and a warm ambiance. The property includes a secure carpark and is set on a contour that provides an easy/moderate fall, enhancing the overall tranquility of the surroundings.

With a current Capital Value (CV) of $700,000, this property has shown a significant increase of 18.64% since 2017, reflecting a sound investment opportunity. The HouGarden AVM estimates the property's worth at $670,000, while the latest sale history indicates a promising trend, with a transaction in 2009 at $80,405 and another in 2001 at $145,000.

For families with children, the property falls within the zones of several reputable schools. Puhinui School and Papatoetoe South School, both contributing schools with a decile rating of 3 and 2 respectively, are convenient options. Additionally, Papatoetoe Intermediate and Papatoetoe High School, with decile ratings of 2 and 3, provide a seamless educational pathway. This property not only offers a convenient and serene lifestyle but also a promising future in a sought-after school zone.

Updated on October 25, 2024