Nestled on a spacious 809 sqm lot at 25 Mccullough Avenue, Papatoetoe, Auckland, this freehold property is a gem with immense potential. Constructed in 1957 with mixed materials for both walls and roof, it boasts 5 bedrooms and a single carpark. The property has a floor area of 234 sqm and is in a contour that offers an easy to moderate rise. The government's capital value has seen a significant increase from $1,000,000 in 2017 to $1,375,000 as of 2021, reflecting a growth of 37.5%. The HouGarden AVM estimates the property's value at $1,280,000, while the latest sale history shows a progression from $231,500 in 2003 to $368,000 in 2008.
For families, the property falls within the decile 1 Otahuhu College, decile 2 Papatoetoe Intermediate, and decile 4 Papatoetoe Central School zones, ensuring quality education options. This is an ideal investment for those seeking prime accessibility, with easy reach to public transport and motorway access, making it an attractive prospect for developers and investors alike.
With the auction set for 10 July 2024, unless sold prior, this property presents a rare opportunity to secure a prime piece of Papatoetoe real estate. The current owner is motivated to downsize, creating a unique chance to purchase at a competitive price. Don't miss out on this exceptional opportunity to be part of a growing and vibrant community.
Updated on July 12, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.07 km | 4 | 3 | -m2 | Year 2024 Month 09 Day 01 | $950,000 | Council approved | |
 | 0.11 km | 3 | 2 | 124m2 | Year 2024 Month 08 Day 16 | - | Council approved | |
0.07 km | 3 | 2 | 114m2 | Year 2024 Month 08 Day 01 | $835,000 | Council approved | ||
 | 0.11 km | 3 | 2 | -m2 | Year 2024 Month 08 Day 01 | $952,500 | Council approved | |
 | 0.17 km | 4 | 1 | 170m2 | Year 2024 Month 06 Day 27 | - | Council approved |