61 Walters Road, Karaka, Auckland - Papakura

Nestled on a prime 7496sqm of level land in the esteemed Karaka, this freehold 4-bedroom home exudes potential with its brick exterior and tiled roof, built in the1970s. The property's capital value has seen a rapid increase of 30%, from $1,425,000 in 2017 to $1,850,000 as of June 2021. The HouGarden AVM estimates the property's worth at $1,805,000. This residence, with approximately 230sqm of living space, is perfect for those seeking a rewarding project, offering a separate study, two large living areas, and a dining room ideal for family events. The kitchen features a walk-in pantry, and the master suite comes with a walk-in wardrobe and ensuite. Notably, the property is within the catchment of the highly-rated Karaka School with a decile score of 9 and Rosehill College at decile 5. With stunning rural views and a separate double garage, this property in a quiet cul-de-sac is a golden opportunity waiting to be seized.

Recent property appraisals reflect a promising investment, with the government's capital value assessment soaring. This is a chance to revitalize a spacious home in a prestigious location, minutes away from Strathallan College and the Papakura motorway junction. Whether you aim to renovate or invest, this property presents an opportunity not to be missed.

Educationally endowed, the property falls within the zones of both Karaka School, known for its high-quality primary education, and Rosehill College, a well-regarded secondary school. This combination of prime location, potential for value growth, and access to excellent schools makes it a rare find on the property market.

Updated on August 30, 2024