Nestled in the vibrant heart of Papatoetoe, this charming residence presents a golden opportunity for investors and first home buyers alike. The property, built in 1969 with solid brick walls and an iron roof in good condition, boasts a floor area of 65 square meters and is part of a cross-lease agreement. Updated interiors include two cozy bedrooms, a single bathroom, and a carpark, all set on a corner site that offers ample outdoor space for entertainment. With a CV of $590,000 as of June 2021, this property has seen a rapid increase of 28.26% since July 2017. The HouGarden AVM estimates the value at $547,500, while the latest sale history shows a sale in May 2024 for $550,000, indicating a significant rise from the previous sale in September 2015 at $390,000.
For families with school-aged 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; it's an investment in your future, conveniently located within walking distance to Hunters Plaza and public transportation, a short drive to Manukau and Auckland Airport, and a mere 20 minutes from Auckland's CBD.
Whether you're seeking a starter home, an addition to your investment portfolio, or a downsized living space, this property is a must-see. Don't miss your chance to enter the golden circle at a golden price.
Updated on May 22, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.10 km | 4 | 3 | -m2 | Year 2024 Month 05 Day 01 | - | Council approved | |
 | 0.09 km | 2 | 1 | 70m2 | Year 2024 Month 04 Day 23 | $620,000 | Council approved | |
0.09 km | 4 | 133m2 | Year 2024 Month 04 Day 15 | $795,000 | Council approved | |||
 | 0.16 km | 1 | 1 | 0m2 | Year 2024 Month 03 Day 01 | $375,000 | Council approved | |
 | 0.12 km | 4 | 2 | -m2 | Year 2024 Month 02 Day 01 | $1,157,000 | Council approved |