Nestled on a quiet cul-de-sac in Papatoetoe, Auckland, this charming residential unit boasts a brick exterior and a tiled roof, constructed in the 1960s. It offers 2 bedrooms, 1 bathroom, and 2 car parks, with a generous floor area of 110sqm. The property is on a cross-lease title, with a good wall and roof condition, sitting on a level contour. The capital value has shown a significant increase, rising from $700,000 in 2017 to $810,000 as of June 2021, indicating a growth rate of 15.7%. The HouGarden AVM estimates the property's value at $805,000, with the latest sale recorded at $685,000 in December 2023.
With a history of stable value appreciation, this property is not just a home but also a sound investment. It's located within a desirable school zone, with Papatoetoe West School, Papatoetoe Intermediate, and Papatoetoe High School, all rated decile 2 and 3 respectively, making it an ideal choice for families.
Enjoy the privacy of a fenced backyard that opens up to the scenic fairways of the Grange Golf Club. The spacious living area, modern kitchen, and well-appointed bathroom add to the appeal of this property. Don't miss the opportunity to own this beautiful unit with immense potential, perfect for those seeking a combination of comfort, convenience, and investment value.
Updated on November 15, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.20 km | 3 | 1 | -m2 | Year 2024 Month 10 Day 01 | - | Council approved | |
 | 0.24 km | 6 | 270m2 | Year 2024 Month 09 Day 05 | $2,000,000 | Council approved | ||
 | 0.35 km | 3 | 1 | -m2 | Year 2024 Month 09 Day 01 | - | Council approved | |
| 0.20 km | 3 | 1 | -m2 | Year 2024 Month 08 Day 01 | $835,000 | Council approved | |
 | 0.20 km | 3 | 220m2 | Year 2024 Month 07 Day 22 | $1,160,000 | Council approved |