Nestled at 14/266 Shirley Road, Papatoetoe, Auckland, this 3-bedroom, 2-bathroom home with a single carpark presents an inviting opportunity. Constructed in 2000 with a solid concrete framework, it boasts an iron roof and fibrous cement walls in good condition, set on a level contour. The property, held under a Unit Title, offers a floor area of 114sqm, embodying modern tranquility just off a quiet cul-de-sac. The capital value has seen a significant increase, rising from $530,000 in 2017 to $650,000 as of June 2021, indicating a growth rate of 22.64%. The HouGarden AVM estimates the property at $632,500, while the latest sales history shows a progression from $197,000 in 2003 to $245,000 in 2009.
For families, the property falls within the decile 2 Papatoetoe Intermediate, decile 4 Papatoetoe Central School, and decile 3 Papatoetoe High School zones, ensuring quality education options. This combination of location, convenience, and a potential 6% yield makes it an attractive prospect for both owner-occupiers and investors. With Hunters Plaza, schools, and Middlemore Hospital within walking distance, and easy access to public transport and motorway routes, the address couldn't be more convenient.
Here, you're not just purchasing a home; you're investing in a lifestyle that blends city convenience with the serene privacy of a sanctuary. Don't miss the chance to secure this slice of prime real estate in the heart of Papatoetoe.
Updated on August 28, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.05 km | 2 | 1 | 95m2 | Year 2024 Month 10 Day 16 | - | Council approved | |
 | 0.01 km | 3 | 2 | 116m2 | Year 2024 Month 09 Day 26 | $565,000 | Council approved | |
 | 0.05 km | 2 | 1 | -m2 | Year 2024 Month 09 Day 01 | $698,000 | Council approved | |
 | 0.01 km | 4 | 2 | 174m2 | Year 2024 Month 08 Day 23 | - | Council approved | |
 | 0.20 km | 3 | 2 | 134m2 | Year 2024 Month 07 Day 04 | $1,550,000 | Council approved |