16 Paapaka Way, Waiuku, Auckland - Franklin

Welcome to 16 Paapaka Way, Waiuku, Auckland - Franklin. This newly constructed, modern house, built in 2020, boasts 4 bedrooms, a spacious open-plan living area, and a kitchen equipped with modern appliances. The property features a double garage and additional open parking spaces, with a land area of 412 sqm and a floor area of 147 sqm. The house is constructed with wood walls in good condition and an iron roof also in good condition, sitting on a level contour. Ownership is Freehold, ensuring no additional complications with land tenure.

The property has seen a significant increase in value, with a capital value of $810,000 as of June 2021, and a HouGarden AVM of $775,000. The latest sale on January 11, 2024, was at $850,000, showing a substantial increase from the previous sale price of $365,217 on November 11, 2021. This demonstrates a strong capital value growth, making it an attractive investment.

Located in a desirable school zone, the property falls within the Sandspit Road School and Waiuku College zones, both of which have a decile rating of 6. This makes it an ideal home for families looking for quality education options. The schools cater to full primary and secondary (Year 9-15) students, respectively.

Updated on April 06, 2024.