Nestled in the heart of Papatoetoe on a quiet cul-de-sac, this 1988-built, three-bedroom residence with a single carpark is a charming example of mixed-materials construction, topped with a durable tile roof. It sits on a cross-lease title, covering a floor area of 130 square meters. The property has seen a significant Capital Value (CV) increase from $750,000 in 2017 to $890,000 as of June 2021, marking a growth of 18.67%. The HouGarden AVM estimates the property's worth at $867,500, while the latest sale history shows a progression from $225,000 in 1996 to $246,500 in 2003.
For families with school-aged children, the property falls within the zones of Puhinui School (Decile 3), Papatoetoe Intermediate (Decile 2), Papatoetoe Central School (Decile 4), and Papatoetoe High School (Year 9-15, Decile 3), offering a consistent educational pathway. The residence provides a cozy layout with spacious bedrooms, a well-connected living area, and a covered outdoor space that promotes a seamless indoor-outdoor lifestyle.
With its convenient location, this property is not only an ideal starter for a private family but also a wise investment, considering the increasing CV and the potential for further growth in a sought-after school zone.
Updated on July 30, 2024