Discover the potential of 6 Sutton Crescent, Papakura, Auckland - Papakura, a residential vacant land with multiple housing options, nestled on a generous 989m2 section. This 2-bedroom, 1-bathroom bungalow, built in 1950, features a floor area of 89m2. The property boasts wood wall construction and an iron roof, both in average condition, and sits on level ground with a freehold ownership type. Although it requires some love and attention, this property presents a fantastic opportunity for homemakers to bring their paintbrush, roll up their sleeves, and reap the rewards.
The property has seen a significant increase in capital value, from $590,000 in July 2017 to $1,100,000 in June 2021, marking an 86.44% increase. The HouGarden AVM estimates its value at $1,052,500. Historical sales data reveals transactions in 2003 for $154,000 and in 1982 for $36500, highlighting the property's substantial value growth over the years.
Located within the lowest decile school zones, including Cosgrove School, Kelvin Road School, Papakura Intermediate, and Papakura High School, all rated decile 1, this property is ideal for families prioritizing education. Its location is convenient, close to local amenities, and offers a unique opportunity for those looking to invest in a property with significant potential for improvement and growth.
Updated on April 05, 2024.