Nestled in a quiet cul-de-sac at 1/14 Elizabeth Street, Papakura, this residential unit boasts a charming layout perfect for downsizing or as a sound investment. Constructed in 1971 with enduring brick walls and tiled roofing, the property stands on a level contour with a well-maintained exterior. It features 2 double bedrooms, a single bathroom, an open-plan kitchen and dining area, a cozy lounge, and an internal access to a garage and hobbies room/workshop. The fenced backyard offers ample space for gardening and children's play. This cross-lease unit has seen a significant Capital Value increase of 35.42% from $480,000 in July 2017 to $650,000 as of June 2021. The HouGarden AVM estimates the property at $622,500, while the latest sale was recorded in November 1992 at $92,000.
With a floor area of 90 square meters, this property falls under the ownership home units category. The government's valuation history reflects a promising trend for potential investors. As for the school network, Kelvin Road School, Papakura Intermediate, and Papakura High School, all rated at a decile 1, are within the vicinity.
Particularly appealing for families, the property is within a highly regarded school zone. The contributing Kelvin Road School, the intermediate school, and the secondary school cater to a wide range of educational needs, ensuring access to quality education for all ages.
Updated on October 22, 2024