Nestled in the serene Papakura, 2/3 Pembrook Street presents a charming residential dwelling on a cross-lease title. Constructed in 1988 with iron roofing and fibrous cement walls in good condition, this 70 square meter home boasts two bedrooms, one bathroom, and an open plan living area. The property, with a level contour, is perfect for gardening enthusiasts or families with children and pets, and is conveniently located near local amenities and Rollerson Park.
Boasting a significant increase in Capital Value from $470,000 in 2017 to $630,000 in 2021, at a growth rate of 34.04%, this property also has a HouGarden AVM of $587,500. The latest sale history includes transactions at $420,000 in 2015 and $480,000, indicating a promising investment opportunity.
For families with educational considerations, the property falls within the zones of Cosgrove School, Kelvin Road School, Papakura Intermediate, and Papakura High School, all at a decile rating of 1. This combination of location, value appreciation, and educational access makes 2/3 Pembrook Street an attractive prospect for potential buyers.
Updated on June 10, 2024