Nestled in the tranquility of a quiet cul-de-sac at 4 Cooper Place, Papakura, Auckland, this residential vacant land with multiple housing potential boasts a freehold title. Constructed in 1968 with wood walls and tiled roof, both in good condition, this property offers a floor area of 107 square meters and is set on a generous 703 square meter section. The property's capital value has seen a significant increase from $610,000 in July 2017 to $900,000 as of June 2021, reflecting a growth rate of 47.54%. The property is zoned for Cosgrove School, Papakura Intermediate, and Papakura High School, all with a decile rating of 1.
With a HouGarden AVM of $907,500 and a latest sale record of $548,500 in April 2016, this property presents a sound investment opportunity. The sellers are motivated, and the property is ready for its new chapter, with potential for future development enhanced by the presence of wastewater piping.
For families, the school network is a significant draw, with all schools in the area scoring highly on the decile rating system. This peaceful and private setting, combined with the property's increasing capital value, makes it an attractive prospect for both investors and homebuyers.
Updated on September 10, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.14 km | 3 | 1 | 110m2 | Year 2024 Month 11 Day 05 | - | Council approved | |
 | 0.08 km | 3 | 2 | 117m2 | Year 2024 Month 10 Day 07 | - | Council approved | |
 | 0.25 km | 3 | 1 | 90m2 | Year 2024 Month 09 Day 10 | $770,000 | Council approved | |
0.14 km | 4 | 2 | 132m2 | Year 2024 Month 09 Day 01 | - | Council approved | ||
 | 0.06 km | 3 | 1 | 90m2 | Year 2024 Month 07 Day 31 | $715,000 | Council approved |