Nestled in the serene Papatoetoe, this delightful 2-bedroom, 1-bathroom unit with a single carpark is a gem in the 'Golden Circle'. Constructed in 1970 with robust brick walls and tiled roofing, this Unit Title property boasts a floor area of 90 square meters and is in a prime condition both inside and out. The capital value has seen a rapid increase from $590,000 in 2017 to $700,000 as of June 2021, reflecting a growth of 18.64%. The property is graced with a private backyard and is equipped with a heat pump for year-round comfort.
With a HouGarden AVM valuation of $705,000 and a latest sale history showing a significant jump from $287,000 in 2007 to $470,000 in 2016, this property presents a sound investment opportunity. The government valuations reflect a consistent rise, indicating a secure and appreciating asset in the Papatoetoe real estate market.
For families with children, the property falls within the zones of Papatoetoe Intermediate (Decile 2), Papatoetoe Central School (Decile 4), and Papatoetoe High School (Decile 3), ensuring access to quality education. This is not just a home, but a tranquil haven minutes away from amenities and motorway access, perfect for those seeking comfort, convenience, and a slice of paradise in the heart of Papatoetoe.
Updated on September 05, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.21 km | 1 | 1 | -m2 | Year 2024 Month 11 Day 01 | $345,000 | Council approved | |
 | 0.11 km | 4 | 3 | 163m2 | Year 2024 Month 10 Day 17 | - | Council approved | |
 | 0.18 km | 2 | 1 | 57m2 | Year 2024 Month 09 Day 13 | $518,000 | Council approved | |
 | 0.16 km | 7 | 4 | 316m2 | Year 2024 Month 08 Day 23 | - | Council approved | |
 | 0.13 km | 1 | 1 | -m2 | Year 2024 Month 08 Day 01 | $420,000 | Council approved |