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132 Settlement Road, Papakura, Auckland

By negotiation

132 Settlement Road, Papakura, Auckland

4

1

4

479m²

HouseListed on Fri Dec 6

Papakura 4 Bedroom VERY URGENT SALE...INVESTOR'S BARGAIN

Recently refurbished the vendor wants this sold as soon as possible. Currently tenanted with fixed term tenancy with a very good rental return, this could be an excellent step into property investment or an addition to your existing portfolio.

This road frontage home on a freehold section of 479m2 more or less is fully fenced with four bedrooms and one bathroom with a separate toilet. The double garage and off street parking gives you peace of mind with your vehicles. If you are an investor looking for a valuable asset, or someone interested in land banking for future development opportunities, this property caters to your every need.

With easy access to public transport and motorway, the location is convenient and close to amenities.

Very motivated vendor is ready to meet the market.

See this listing on Barfoot & Thompson

Location

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Council Data

Last update : 2024 12 11

Improvement value$240,000Increased by 14% from year 2017

Land value$510,000Increased by 54% from year 2017

CV(Year 2021 Month 06)$750,000Increased by 38% from year 2017

DeckYes

View typeFocal Point Of view - Other

ContourLevel

Land area479m²

Floor area108m²

Decade of construction1950

Title331048

Type of titleFreehold

Legal descriptionLOT 1 DP 382882

CouncilAuckland - Papakura

Estate descriptionFSIM,1/1,LOT 1 DEPOSITED PLAN 382882,479m2

Council rates$2,173.62
2023/2024

ConditionExternal Walls: Average
Roof: Average

ZoningResidential - Mixed Housing Suburban Zone

School zones

Name	Distance	Type	Year	Attribute	Gender	Score	Decile
Kelvin Road School	0.50 km	Primary	1-6	Government	Co-Educational	EQI: 545	1	Detail
Papakura Intermediate	0.96 km	Secondary	7-8	Government	Co-Educational	EQI: 553	1	Detail
Papakura High School	1.26 km	Secondary	9-15	Government	Co-Educational	EQI: 541	1	Detail

Property history

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For developers

Unitary plan:Residential - Mixed Housing Suburban Zone

Land:479m²

Title:Freehold

Surrounding facilities

Settlement Road Neighborhood and Surrounding Data
Settlement Road neighborhood is a sub-region located within Papakura city

Suburbs

Data analysis - Papakura properties data

Sales count(Last 12 months)

102View

Type: Freehold

Sales median price(Last 12 months)

$913,000

Low: $655,000, High: $2,275,000

Rent median price(Last 12 months)

$785

Low: $630, High: $1,250

Papakura property trend

Year	Median price	Growth	Sales count
2024	$903,000	2%	100
2023	$885,000	-12.5%	95
2022	$1,012,000	1.2%	93
2021	$1,000,000	24.2%	246
2020	$805,000	13.4%	191
2019	$710,000	-3%	167
2018	$732,000	1%	151
2017	$725,000	11.5%	153
2016	$650,000	19.3%	187
2015	$545,000	26.7%	197
2014	$430,000	-	135

Mortgage

Sold nearby

Address	Distance	Bed	Bath	Floor area	Sold date	Sold	Data source
9 Chantal Place, Papakura	0.28 km	3	1	102m²	Year 2024 Month 11 Day 01	-	Council approved
14 Chantal Place, Red Hill	0.27 km	3	1	100m²	Year 2024 Month 10 Day 23	$640,000	Council approved
12 Carisbrook Crescent, Papakura	0.10 km	3	2	-m²	Year 2024 Month 09 Day 22	-	Council approved
2 Tiel Lane, Papakura	0.21 km	3	1	0m²	Year 2024 Month 09 Day 01	-	Council approved
10 Tiel Lane, Papakura	0.24 km	3	1	-m²	Year 2024 Month 08 Day 01	$829,000	Council approved