22 Caringbah Drive, Papatoetoe, Auckland - Manukau

Nestled on a generous 911 sqm section in a quiet cul-de-sac of Papatoetoe, Auckland, this 1976-built freehold property offers immense potential with its 4 bedrooms, 2 carparks, and a floor area of 200 sqm. The residence, featuring mixed-material walls and roof in good condition, is a perfect blend of tradition and modernity, ready for a transformative makeover. With a government valuation (CV) of $1,050,000 as of June 2021, it has shown a remarkable increase of 28.05% since July 2017. The HouGarden AVM estimates the property's worth at $1,005,000, while the latest sale was recorded in 1986 at $79,000.

From an investment perspective, the property's capital value growth is a testament to its appeal. The current owners are motivated to sell, presenting a unique opportunity to secure a property with such a promising CV trajectory. This home, with its 'fix-me-up' appeal, is a blank canvas waiting to be transformed into a family's haven.

For families with school-aged children, the property falls within the decile 2 school zones of Kedgley Intermediate, Aorere College, and Papatoetoe West School, ensuring quality education is within easy reach. This house is not just a property; it's an invitation to craft your ideal lifestyle in a sought-after location.

Updated on April 12, 2024