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1/10 Margaret Road, Papatoetoe, Auckland - Manukau, 2 Bedrooms, 1 Bathrooms, House

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 09 Day 24

1/10 Margaret Road, Papatoetoe, Auckland - Manukau

2
1
60m2

Nestled in the heart of Papatoetoe, this charming 2-bedroom, 1-bathroom residence with 2 car parks is a perfect blend of comfort and potential. Constructed in 1970 with solid brick walls and tiled roofing, this cross-lease property sits on a level contour with average wall and roof conditions. The 60 square meter floor area is complemented by a modern modular kitchen, open plan dining, and a separate laundry, while the inclusion of two heat pumps ensures year-round comfort. Outside, a big garden space with a porch and a garden shed provides ample storage and privacy.

As for investment value, the property has seen a CV increase of 31%, from $420,000 in 2017 to $550,000 as of June 2021. The HouGarden AVM estimates the property at $552,500, with the latest sales recorded in 2007 and 2006 at $241,500 and $197,000 respectively. This property is not only a solid investment but also a perfect starter home in a sought-after school zone.

Educationally, the property falls within the decile 2 school zones of Kedgley Intermediate, Aorere College, and Papatoetoe South School, ensuring quality education for the family. With easy access to local amenities, Papatoetoe Train Station, and motorway, this property offers both convenience and a peaceful living environment.

Updated on September 24, 2024

Council Data

Last update : 2025 01 22
Improvement value$130,000Increased by 160% from year 2017
Land value$420,000Increased by 13% from year 2017
CV(Year 2021 Month 06)$550,000Increased by 30% from year 2017
View typeNo appreciable view
ContourLevel
Floor area60m²
Decade of construction1970
TitleNA53A/1371
Type of titleCross-Lease
Legal descriptionFLAT 1 DP 97508, LOT 2 DP 68401
CouncilAuckland - Manukau
Estate descriptionFSIM,1/5,FLAT 1 DEPOSITED PLAN 97508 AND CARPORT 6 DEPOSITED PLAN 97508
Council rates$1,983.23
2023/2024
ConditionExternal Walls: Average
Roof: Average
ZoningResidential - Mixed Housing Suburban Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Papatoetoe South School
0.68 km
Primary
1-6
Government
Co-Educational
EQI: 484
2
Aorere College
1.30 km
Secondary
9-15
Government
Co-Educational
EQI: 500
2
Kedgley Intermediate
1.56 km
Secondary
7-8
Government
Co-Educational
EQI: 496
2

Property history

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For developers

Unitary plan:Residential - Mixed Housing Suburban Zone
Land:-
Title:Cross-Lease

Surrounding facilities

Margaret Road Neighborhood and Surrounding Data

Suburbs

Data analysis - Papatoetoe properties data
Papatoetoe property trend
Year
Median price
Growth
Sales count
2024
$635,000
0.8%
111
2023
$630,000
-12.1%
114
2022
$717,000
2.4%
75
2021
$700,000
19.7%
203
2020
$585,000
6.4%
152
2019
$550,000
-
118
2018
$550,000
0.9%
115
2017
$545,000
-
114
2016
$545,000
18%
156
2015
$462,000
30.5%
191
2014
$354,000
-
177

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
19B Margaret Road, Papatoetoe
0.10 km
3
2
97m2
Year 2024 Month 11 Day 29
$827,000
Council approved
28 Pah Road, Papatoetoe
0.12 km
4
1
-m2
Year 2024 Month 11 Day 01
$835,000
Council approved
122 Wyllie Road, Papatoetoe
0.27 km
3
1
-m2
Year 2024 Month 10 Day 01
$810,000
Council approved
1/81 Wyllie Road, Papatoetoe
0.25 km
4
2
-m2
Year 2024 Month 09 Day 01
$916,000
Council approved
2/115 Wyllie Road, Papatoetoe
0.18 km
3
1
90m2
Year 2024 Month 08 Day 15
-
Council approved

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