17 Pukeroa Place, Papakura, Auckland - Papakura

Nestled on a level 708sqm of land in a quiet cul-de-sac at 17 Pukeroa Place, Papakura, this freehold property is a gem in Auckland's Papakura region. Constructed in 1980 with fibrous cement walls and iron roofing, both in good condition, the property comprises of 3 bedrooms, 1 bathroom, and an floor area of 80sqm. The capital value has seen a remarkable increase from $590,000 in 2017 to $910,000 as of June 2021, indicating a growth rate of 54.24%. The HouGarden AVM estimates the property's worth at $847,500, while the latest sale on 26th July 2021 was at $1,201,000. This is not just a residence; it's a sound investment opportunity.

With a property category designated for residential vacant land with potential for multiple housing, the site is zoned Mixed Housing Suburban. It currently features a double garage, a large backyard, and is fully fenced. The property is tenanted, with a 3-bedroom and 2-bathroom configuration, including an ensuite. The government's valuation history and the latest sale reflect the increasing desirability of this property in a rapidly appreciating market.

For families with school-aged children, the property falls within the Cosgrove School, Papakura Intermediate, and Papakura High School zones, all with a decile rating of 1. This indicates a strong educational support network within the community. This property offers both opportunity and potential, making it an attractive prospect for investors and families alike.

Updated on June 07, 2024