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3/40a Park Avenue, Papatoetoe, Auckland - Manukau, 5 Bedrooms, 0 Bathrooms, House

Sold: $1,150,000

Sold on 2024 Year 2024 Month 04 Day 10

3/40a Park Avenue, Papatoetoe, Auckland - Manukau

5
237m2
417m2

Nestled in the heart of Papatoetoe on a quiet cul-de-sac, this exquisite 5-bedroom, 2-carpark residence exudes luxury living. Constructed in 2020 with a mix of high-quality materials, the property features a tiled roof and a well-maintained exterior. It sits on a freehold section of 417m2, with a spacious floor area of 237m2. The capital value has seen a significant increase, rising by 21.1% from $970,000 in 2017 to $1,175,000 as of June 2021. The HouGarden AVM estimates the property's worth at $1,125,000, while the latest sale in August 2020 was for $1,100,000.

With a decile rating of 2, the local schools, Papatoetoe North School, Kedgley Intermediate, and Aorere College, offer quality education within the zone. The property is equipped with modern amenities, including wifi-activated LED lights, a security system, and a heat pump system with 5 heat pumps. The granny flat adds additional versatility, perfect for extended family or as a home office. The outdoor living space is just as impressive, with a pergola-shaded deck and a spacious backyard.

Not only does this property offer an ideal blend of luxury and functionality, but it's also conveniently located near motorways, shopping centers, and the Auckland Airport. This is an opportunity not to be missed, especially as the vendors are relocating overseas. Embrace the chance to own this exceptional residence in a sought-after school zone.

Updated on April 12, 2024

Council Data

Last update : 2024 06 12
Improvement value$675,000Increased by 28% from year 2017
Land value$500,000Increased by 12% from year 2017
CV(Year 2021 Month 06)$1,175,000Increased by 21% from year 2017
View typeNo appreciable view
ContourLevel
Land area417m²
Floor area237m²
Decade of construction2020
Title927845
Type of titleFreehold
Legal descriptionLOT 3 DP 545805, LOT 4 DP 545805
CouncilAuckland - Manukau
Estate descriptionFSIM,1/1,LOT 3 DEPOSITED PLAN 545805,418m2
Council rates$3,273.89 2023/2024
ConditionExternal Walls: Good Roof: Good
ZoningResidential - Mixed Housing Suburban Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Kedgley Intermediate
0.43 km
Secondary
7-8
Government
Co-Educational
EQI: 496
2
Papatoetoe North School
0.68 km
Primary
1-6
Government
Co-Educational
EQI: 468
2
Aorere College
0.76 km
Secondary
9-15
Government
Co-Educational
EQI: 500
2

Property history

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Unitary plan:Residential - Mixed Housing Suburban Zone
Land:417m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone

Suburbs

Data analysis - Papatoetoe properties data
Papatoetoe property trend
Year
Median price
Growth
Sales count
2023
$1,280,000
-
38
2022
$1,280,000
2.1%
33
2021
$1,254,000
29.6%
78
2020
$967,500
7.2%
70
2019
$902,500
-2.4%
66
2018
$925,000
-8%
69
2017
$1,005,500
11.7%
32
2016
$900,000
14.2%
37
2015
$788,000
24.5%
50
2014
$633,000
-
64

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
12 Lendenfeld Drive
0.18 km
3
1
90m2
Year 2024 Month 06 Day 13
$740,000
Council approved
1/44 Park Avenue
0.18 km
2
1
-m2
Year 2024 Month 05 Day 15
$525,000
Council approved
4/42A Park Avenue
0.22 km
2
1
90m2
Year 2024 Month 04 Day 19
$310,000
Council approved
26 Park Avenue
0.15 km
3
3
102m2
Year 2024 Month 03 Day 08
$925,000
Council approved
0.41 km
3
183m2
Year 2024 Month 01 Day 30
$1,000,000
Council approved

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