Floor plan
Living area
Kitchen
Beds
Nestled in a prime location, this delightful 2-bedroom brick and tile unit at 2/181 Gray Avenue, Papatoetoe, Auckland - Manukau, offers the epitome of comfort and convenience. Built in 1960, the property features good condition brick walls and tile roof, spans over a 100m² floor area with two spacious bedrooms, a well-appointed common bathroom, and a separate single garage for parking or additional storage. The property is on a Cross-Lease title and falls under the 'Residential - Ownership home units' category, boasting an easy/moderate rise contour.
From a financial perspective, the capital value of the property has seen a significant increase, from $530,000 in July 2017 to $650,000 in June 2021, marking a 22.64% growth. The latest HouGarden AVM estimates the property's value at $622,500. Historically, the property was sold twice in 2002, first in August for $125,000 and then in October for $135,000. The property has been tenanted for the last 15 years, with long-term tenants expressing a desire to stay, making it an attractive option for investors.
Education is a priority, and this property is zoned for Papatoetoe North School (Contributing, decile 2), Kedgley Intermediate (Intermediate, decile 2), and Aorere College (Secondary (Year 9-15), decile 2), catering to a wide range of educational needs from primary through to secondary levels.
Updated on April 04, 2024.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.35 km | 3 | 1 | -m2 | Year 2024 Month 12 Day 01 | $622,000 | Council approved | |
 | 0.19 km | 5 | 3 | 216m2 | Year 2024 Month 11 Day 15 | - | Council approved | |
 | 0.14 km | 3 | 1 | 105m2 | Year 2024 Month 11 Day 01 | - | Council approved | |
 | 0.25 km | 3 | 2 | -m2 | Year 2024 Month 09 Day 01 | $845,000 | Council approved | |
 | 0.27 km | 3 | 1 | 110m2 | Year 2024 Month 08 Day 20 | - | Council approved |