Nestled in the serene Red Hill, this charming 3-bedroom, 1-bathroom residence on 26 Mack Place offers a generous 140sqm floor area upon a sprawling 451sqm of freehold land. Constructed in 1960 with brick walls and an iron roof, both in average condition, this property is a perfect blend of classic kiwi living with modern potential. The capital value has seen a remarkable increase of 35.71% from $560,000 in 2017 to $760,000 as of June 2021. The HouGarden AVM estimates it at $765,000, while the latest sales were recorded at $620,000 in 2024 and $337,500 in 2014. The property is situated in a quiet cul-de-sac, basking in the sun with a heat pump for comfort all year round, and is ideal for retirees, first-home buyers, and investors looking for a value-add opportunity.
With a property contour that's level and a building ready for a refresh, this home is a renovator's delight, offering immense potential to add value. The main living area is light and airy, flowing into a cozy dining space and kitchen, complemented by a fireplace for those winter evenings. Outside, an elevated deck invites entertainment, be it for weekend BBQs or morning coffees. The schools in the area, including Papakura Intermediate, Papakura High School, and Redhill School, are all decile 1, making it an excellent choice for families.
Don't miss the chance to transform this solid home into your personal retreat, with a clear path for capital growth and a smart investment that promises a significant upside.
Updated on September 11, 2024