Nestled in the serene Magellan Place of Papatoetoe, Auckland, lies this impressive 5-bedroom, freehold property, built just in 2020 with a mix of high-quality materials for the walls and tiles for the roof. This residence boasts a floor area of 170 square meters on a generous land of 282 square meters, enjoying an easy/moderate contour with a single carpark and scenic reserve views. The property has shown a significant Capital Value increase of 25% from $800,000 in 2017 to $1,000,000 as of June 2021, closely mirroring the HouGarden AVM of $960,000.
With a CV growth that outpaces the market average, this home not only promises a sound investment but also a comfortable lifestyle with its modern amenities and spacious layout, including 3 contemporary bathrooms and a massive kitchen perfect for family entertaining. The additional study area provides a quiet space for work or hobbies. Its location is further enhanced by being in the zone for Papatoetoe North School, Kedgley Intermediate, and Aorere College, all with a decile rating of 2, indicating a strong educational community.
Whether you seek a peaceful retreat or a vibrant neighborhood, this property in a cul-de-sac street offers the best of both worlds. Close to parks, shopping centers, and with easy access to public transport and main roadways, it presents an opportunity not to be missed for those looking for their dream home in a friendly, community-oriented setting.
Updated on October 22, 2024