Nestled in the serene cul-de-sac of 3/40 Swaffield Road, Papatoetoe, Auckland, this residential dwelling is a 2-bedroom, 1-bathroom haven with a single carpark. Constructed in 1960 with iron roofing and wooden weatherboard cladding, the property sits on a level contour with a generous 90m² floor area. It holds a Cross-Lease title, promising a unique ownership experience.
With a notable CV increase of 25.93% from $540,000 in 2017 to $680,000 in 2021, and an estimated value of $622,500 by HouGarden AVM, this property also boasts a sale history that includes transactions in 1999 and 2003. Its potential is undeniable, especially given its prime location and growth trends.
For families, the property falls within the zones of Papatoetoe West School and Papatoetoe Intermediate, both rated decile 2. This combination of investment potential and educational opportunity makes it an attractive prospect for both investors and families.
Updated on December 13, 2024