Nestled on a quiet cul-de-sac in Papakura, Auckland, this 1990-built freehold property boasts a prime location and attractive features. The 3-bedroom, 125m2 floor area home is set on a level 562m2 section with a robust iron roof and good condition fibrous cement walls. The property has seen a significant Capital Value (CV) increase from $630,000 in 2017 to $820,000 as of June 2021, a rise of 30.16%. The latest sale in 2019 was for $560,000, while the current HouGarden AVM estimates it at $765,000.
With a CV that has been rapidly appreciating, this property presents a sound investment opportunity. The partly renovated interior includes a spacious open plan kitchen and dining area, a generous separate lounge with ranch slider access to a north-facing deck, and a secure, fully fenced yard. It's an ideal setup for a growing family, with schools such as Kelvin Road School, Papakura Intermediate, and Papakura High School, all in the same decile 1 category, conveniently located nearby.
For investors and first-time homebuyers, this property is a golden opportunity. Its convenient access to local shops, public transport, and the reputable school network make it an appealing choice. Don't miss the chance to secure this well-presented home on a sought-after street.
Updated on May 03, 2024