Located at 8 Harrier Place, Papakura, Auckland - Papakura, this property is a gem for first home buyers, investors, or landbankers. It features 3 bedrooms, 1 bathroom, and a spacious double garage, all sprawled over a generous 973 m2 freehold section. The property boasts a private BBQ area perfect for summer relaxation, alongside a free-flowing kitchen, dining, and lounge area that is both light and bright. Constructed in 1976, the house has fibrous cement walls and tile roofing, both in good condition, and sits on a level contour. This residential vacant land multiple housing category property is a must-see for those seeking an affordable yet promising investment.
Over the years, the capital value of this property has seen significant growth, from $530,000 in July 2017 to $900,000 in June 2021, marking a 69.81% increase. The HouGarden AVM estimates its value at $862,500. Its sale history reflects its rising demand, with the latest transactions recorded at $805,000 on January 28, 2024, and $740,000 on August 15, 2023. This property's capital value trajectory and recent sales underscore its potential as a wise investment.
The property is zoned for Kelvin Road School (Contributing, decile 1), Papakura Intermediate (Intermediate, decile 1), and Papakura High School (Secondary (Year 9-15), decile 1), making it an ideal location for families prioritizing education. The proximity to schools of varying levels ensures a convenient and comprehensive educational journey for children.
Updated on April 04, 2024.