2 Reins Road, Takanini, Auckland - Papakura

Nestled on a level plot at 2 Reins Road, Takanini, Auckland, this freehold property boasts a capital value that has seen a remarkable 16.25% increase since 2017. Constructed in 2006 with a mix of materials for the walls and tiles for the roof, the property stands in good condition both inside and out. It features 5 bedrooms, 4 bathrooms, and a spacious floor area of 135 square meters on a quarter-acre section. The residence, including a granny flat with its own facilities, presents an ideal opportunity for investors seeking a high rental yield or a family looking for a versatile living space.

With a current government valuation of $930,000, the property's value has surged from $800,000 in 2017. The HouGarden AVM estimates the property at $907,500, while the latest sales history shows a significant increase from $478,000 in 2012 to $759,500 in 2015. This growth trajectory highlights the property's potential as a sound investment in a challenging market.

For families with school-aged children, the property falls within the zones of Papakura Normal School (Decile 3), Papakura Intermediate (Decile 1), and Papakura High School (Decile 1), ensuring access to quality education. Located close to Takanini Village and Southgate Shopping Centre, with easy motorway access and proximity to the Takanini Train Station, this property offers both convenience and comfort.

Updated on August 09, 2024