1/10 Catkin Crescent, Papatoetoe, Auckland - Manukau

Nestled in the tranquility of a quiet cul-de-sac at 1/10 Catkin Crescent, Papatoetoe, Auckland, this residential ownership home unit boasts a charming layout perfect for both first-home buyers and shrewd investors. Constructed in 1977 with fibrous cement walls and tiled roofing, the property stands in good condition both inside and out. It features 3 bedrooms, 1 bathroom, a single carpark, and a floor area of 87 square meters on a level contour cross-lease. The capital value has seen a significant increase from $510,000 in 2017 to $690,000 as of June 2021, marking a growth of 35.29%. The HouGarden AVM estimates the property at $685,000, while the latest sales were recorded at $615,000 in 2019 and $405,000 in 2015.

With a CV increase that outpaces the market average, this property presents a solid investment. It's located within the decile 2 school zones of Kedgley Intermediate, Aorere College, and Papatoetoe West School, ensuring quality education options for families. The open-plan living area extends to a private outdoor space, providing a seamless transition for entertainment or relaxation. Its convenient location, with easy access to motorways, Auckland Airport, and public transport, adds to the appeal of this low-maintenance home.

Embrace the opportunity to secure a home that offers privacy, convenience, and potential in a desirable school district. This property, now sold, was a smart buy for the fortunate new owner.

Updated on November 13, 2024