Nestled in a serene cul-de-sac at 15b George Street, Papakura, Auckland, this freehold property is a modern standalone home, built in 2019 with mixed materials for the walls and iron for the roof. It boasts 4 bedrooms and a spacious floor area of 156 sqm on a levelled land of 278 sqm. The property has seen a significant Capital Value (CV) increase of 25%, from $760,000 in 2017 to $950,000 as of June 2021. The HouGarden AVM estimates it at $955,000, making it a sound investment with a promising growth trajectory.
With a CV growth history that speaks volumes about its potential, and a recent sales history that affirms its market value, this property is not just a dwelling but a wise investment choice. The consistent rise in CV reflects the property's desirability and the area's real estate trends.
For families with children, the property falls within the zones of Kelvin Road School, Papakura Intermediate, and Papakura High School, all rated at a decile of 1. This ensures access to quality education within walking distance, adding to the appeal of this ideal family home.
Updated on September 13, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.12 km | 3 | 2 | -m2 | Year 2024 Month 09 Day 05 | $802,000 | Council approved | |
 | 0.08 km | 3 | 1 | -m2 | Year 2024 Month 08 Day 01 | $675,000 | Council approved | |
 | 0.06 km | 2 | 1 | 100m2 | Year 2024 Month 07 Day 15 | $682,300 | Council approved | |
 | 0.10 km | 4 | 1 | -m2 | Year 2024 Month 07 Day 01 | $800,000 | Council approved | |
 | 0.19 km | 3 | 2 | -m2 | Year 2024 Month 07 Day 01 | $780,000 | Council approved |