8 Glenburn Place, Papakura, Auckland - Papakura

Nestled in the serene Papakura, 8 Glenburn Place boasts a unique dual-living opportunity on a generous 809m2 freehold section. This property, with its two free-standing three-bedroom homes, offers a versatile layout and modern conveniences. Constructed with mixed materials for both the walls and roof, these well-presented dwellings each have spacious kitchens, dining, lounge areas, and a bathroom, along with separate garaging. The current rental appraisal ranges from $1300 to $1400 PW, making it an attractive investment. The capital value has seen a significant increase of 16.67% from $1,050,000 in 2017 to $1,225,000 as of June 2021. The HouGarden AVM estimates the property at $1,140,000, while the latest sales were recorded at $550,000 in 2013 and $587,000 in 2007.

For families with educational considerations, the property falls within the zones of Papakura Normal School (Decile 3), Papakura Intermediate (Decile 1), and Papakura High School (Decile 1), ensuring quality education at all levels. The location is not only convenient for schooling but also for shopping, sports activities, and public transport.

With subdivision already initiated and a LIM available, this property presents a golden opportunity for investors, buyers with extended family needs, or those seeking a home with investment potential. Viewing is highly recommended to appreciate the full potential of this exceptional property.

Updated on June 17, 2024