11 Citril Place, Red Hill, Auckland - Papakura

Nestled in the serene Red Hill, at 11 Citril Place, lies a promising residential dwelling on a generous 723 sqm of freehold land. This 1970-built home with fibrous cement walls and tiled roof boasts 4 bedrooms and a spacious floor area of 137 sqm. It's a perfect blend of potential and convenience, with a capital value that has seen an impressive 81.13% increase from $530,000 in 2017 to $960,000 as of June 2021. The property, with a HouGarden AVM of $892,500, also carries a history of a sale in 2011 for $260,000. The home's condition is good both in walls and roof, making it an ideal investment for those looking to add value.

On the financial front, the property presents a solid investment with a CV growth that outpaces the market average. The latest CV reflects the true value of this easy/moderate fall contour property, setting the stage for a lucrative return on investment. The quiet cul-de-sac location adds to the appeal, ensuring privacy and a peaceful living environment.

For families with children, the property falls within the zones of Papakura Intermediate, Papakura High School, and Redhill School, all with a decile rating of 1. This indicates a high standard of education in the area. The proximity to motorway ramps and retail shops further enhances the convenience of this property, making it an attractive option for both investors and families.

Updated on May 23, 2024