Nestled in the heart of Papatoetoe on an expansive 809-square-meter freehold section, this 4-bedroom residential dwelling, built in 1958, offers a blend of classic charm and modern potential. The property boasts wooden exterior walls, tiled roofing, and an average condition, providing a solid foundation for renovation or development. With a current Capital Value (CV) of $1,225,000, this property has shown a remarkable growth rate of 53.125% since 2017, reflecting its increasing desirability in the Auckland property market.
Valuation history shows a promising trend, with the HouGarden AVM estimating the property's worth at $1,140,000, while the latest sale in 2000 was for $262,000. This indicates a substantial capital gain over the years, making it an attractive investment opportunity. The property's convenient location within a quiet cul-de-sac further enhances its appeal.
For families with school-aged children, the property falls within the zones of highly regarded schools such as Otahuhu College (Decile 1), Papatoetoe Intermediate (Decile 2), and Papatoetoe Central School (Decile 4), ensuring access to quality education. This combination of location, potential for value growth, and educational opportunities makes this property a stand-out choice in the Auckland real estate market.
Updated on July 01, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.14 km | 5 | 2 | 284m2 | Year 2024 Month 11 Day 19 | - | Council approved | |
 | 0.11 km | 3 | 2 | -m2 | Year 2024 Month 11 Day 11 | - | Council approved | |
 | 0.11 km | 3 | 2 | -m2 | Year 2024 Month 10 Day 22 | - | Council approved | |
 | 0.15 km | 4 | 3 | -m2 | Year 2024 Month 09 Day 01 | $950,000 | Council approved | |
 | 0.21 km | 3 | 2 | -m2 | Year 2024 Month 08 Day 01 | $952,500 | Council approved |