Nestled in the sought-after suburb of Papatoetoe, 31 Grange Road presents a charming residential opportunity on a generous 809m2 freehold section. This 1957-built home boasts 3 bedrooms, 2 carparks, and a spacious floor area of 120m2. The Iron roof and well-maintained wooden exterior walls provide a solid foundation for potential value addition. The property's Capital Value (CV) has seen a remarkable increase of 64.5% from $775,000 in 2017 to $1,275,000 as of June 2021. The HouGarden AVM estimates the property's worth at $1,185,000, while the latest sales history shows transactions at $985,000 in 2018 and $895,000 in 2017. This home is perfect for a family looking to settle within the decile 1 Otahuhu College, decile 2 Papatoetoe Intermediate, and decile 4 Papatoetoe Central School zones.
With a great location, close to shops and SH1, and immense development potential, 31 Grange Road is a golden opportunity for investors and DIY enthusiasts alike. Don't miss your chance to secure this property at our upcoming auction on May 1st, 2024.
For families with school-aged children, the property falls within some of the best school zones in the area, ensuring access to quality education. The combination of a rapidly rising CV, a prime location, and a promising school network makes 31 Grange Road an attractive prospect for both investors and homeowners.
Updated on May 03, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.14 km | 5 | 2 | 284m2 | Year 2024 Month 11 Day 19 | - | Council approved | |
 | 0.10 km | 3 | 2 | -m2 | Year 2024 Month 11 Day 11 | - | Council approved | |
 | 0.07 km | 2 | 2 | 88m2 | Year 2024 Month 11 Day 01 | $725,000 | Council approved | |
 | 0.10 km | 3 | 2 | -m2 | Year 2024 Month 10 Day 22 | - | Council approved | |
 | 0.15 km | 4 | 2 | -m2 | Year 2024 Month 09 Day 01 | $892,000 | Council approved |