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56 Milton Road, Papatoetoe, Auckland - Manukau, 4 Bedrooms, 0 Bathrooms, House

Sold: $1,221,000

Sold on 2024 Year 2024 Month 10 Day 23

56 Milton Road, Papatoetoe, Auckland - Manukau

4
190m2
809m2

Nestled on a prime 809 sqm freehold section in the heart of Papatoetoe, Auckland, this 190m2 residential property boasts 4 bedrooms, 3 bathrooms, and 3 car parks. Constructed in 1950 with roughcast walls and an iron roof, both in good condition, this home is a perfect blend of classic charm and modern convenience. The property has seen a significant Capital Value increase of 31.7% from $880,000 in 2017 to $1,150,000 as of June 2021. The HouGarden AVM estimates the property's value at $1,102,500, while the latest sale history shows a jump from $110,000 in 1989 to $830,000 in 2016. Currently tenanted with a lease of $950 per week, this property offers immediate income potential.

For families, the property falls within the decile 2 school zones of Papatoetoe North School, Kedgley Intermediate, and Aorere College, ensuring quality education options. The location is ideal, with easy access to amenities, transport, and shopping, making it a perfect blend of comfort and convenience.

With potential for further development or subdivision, this property presents a golden opportunity for developers, land bankers, and homeowners looking to renovate or build their dream home. Don't miss out on this incredible chance to secure a property that offers both rental income and future growth potential in a sought-after location.

Updated on October 24, 2024

Council Data

Last update : 2024 12 11
Improvement value$25,000Reduced by -87% from year 2017
Land value$1,125,000Increased by 65% from year 2017
CV(Year 2021 Month 06)$1,150,000Increased by 30% from year 2017
DeckYes
View typeFocal Point Of view - Other
ContourLevel
Land area809m²
Floor area190m²
Decade of construction1950
TitleNA984/89
Type of titleFreehold
Legal descriptionLOT 60 DP 20144
CouncilAuckland - Manukau
Estate descriptionFSIM,1/1,LOT 60 DEPOSITED PLAN 20144,809m2
Council rates$4,174.70
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningResidential - Mixed Housing Suburban Zone

School zones

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

Property history

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For developers

Unitary plan:Residential - Mixed Housing Suburban Zone
Land:809m²
Title:Freehold

Surrounding facilities

Milton Road Neighborhood and Surrounding Data

Suburbs

Data analysis - Papatoetoe properties data
Papatoetoe property trend
Year
Median price
Growth
Sales count
2024
$1,052,500
3.7%
64
2023
$1,015,000
-8.8%
87
2022
$1,113,500
1.2%
72
2021
$1,100,000
18.9%
149
2020
$925,000
6.9%
139
2019
$865,000
1.1%
108
2018
$856,000
-3.3%
102
2017
$885,000
4.1%
81
2016
$850,000
13.3%
103
2015
$750,000
25%
129
2014
$600,000
-
150

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
22 Milton Road, Papatoetoe
0.17 km
5
3
216m2
Year 2024 Month 11 Day 15
-
Council approved
1/20 Park Avenue, Papatoetoe
0.29 km
3
3
-m2
Year 2024 Month 10 Day 15
-
Council approved
Lot 1/20 Park Avenue, Papatoetoe
0.29 km
3
3
-m2
Year 2024 Month 10 Day 01
-
Council approved
41 Buckland Road, Mangere East
0.14 km
4
2
220m2
Year 2024 Month 08 Day 07
-
Council approved
60 Hokianga Street, Mangere East
0.20 km
4
1
90m2
Year 2024 Month 07 Day 31
$901,000
Council approved

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