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62 Ikara Road, Papatoetoe, Auckland - Manukau, 3 Bedrooms, 0 Bathrooms, House

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 05 Day 14

62 Ikara Road, Papatoetoe, Auckland - Manukau

3
112m2
131m2

Nestled in a serene cul-de-sac at 62 Ikara Road, Papatoetoe, Auckland, this nearly new, freehold property is a gem in the residential market. The double-storey home boasts three bedrooms, two bathrooms, and a single car park, sitting on a levelled 131sqm of land with a 112sqm floor area. Constructed with a robust iron roof and well-maintained wooden walls, it exudes modern elegance. The property's Capital Value (CV) as of June 2021 is $890,000, reflecting a promising investment with a rapid increase trend. The latest sale in February 2022 was at $950,000, indicating a significant growth percentage and a HouGarden AVM of $830,000, making it an attractive buy below market value.

For families with school-aged children, the property falls within the decile 1 Otahuhu College, decile 2 Papatoetoe Intermediate, and decile 4 Papatoetoe Central School zones, ensuring access to quality education. The motivated vendors are offering this stunning property at a price that's hard to ignore, $141,000 below the CV. It's a perfect blend of comfort, convenience, and potential for capital appreciation.

With its open-concept layout, spacious kitchen, and high-quality fittings, the home invites a warm and luxurious lifestyle. The master bedroom, complete with an ensuite and walk-in wardrobe, is a private sanctuary. Outside, the front deck is ideal for relaxation, complemented by the convenience of parking. Located near the southern motorway, Manukau Shopping Centre, Middlemore Hospital, and Auckland Airport, with two prestigious golf clubs in close proximity, this property is not just a home but a smart investment for the future.

Updated on May 27, 2024

Council Data

Last update : 2024 06 25
Improvement value$410,000
Land value$480,000
CV(Year 2021 Month 06)$890,000
View typeNo appreciable view
ContourLevel
Land area131m²
Floor area112m²
Decade of construction2022
Title1000336
Type of titleFreehold
Legal descriptionLOT 63 DP 563143
CouncilAuckland - Manukau
Estate descriptionFSIM,1/1,LOT 63 DEPOSITED PLAN 563143,131m2
Council rates$2,623.27 2023/2024
ConditionExternal Walls: Good Roof: Good
ZoningResidential - Terrace Housing and Apartment Building Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Papatoetoe Intermediate
0.18 km
Secondary
7-8
Government
Co-Educational
EQI: 477
2
Papatoetoe Central School
1.47 km
Primary
1-6
Government
Co-Educational
EQI: 420
4
Otahuhu College
1.63 km
Secondary
9-15
Government
Co-Educational
EQI: 513
1

Property history

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Unitary plan:Residential - Terrace Housing and Apartment Building Zone
Land:131m²
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
$890,000
-6.3%
160
2022
$950,000
-5.1%
136
2021
$1,001,000
14.4%
263
2020
$875,000
18.2%
211
2019
$740,000
0.1%
183
2018
$739,000
-4.6%
215
2017
$775,000
-0.6%
165
2016
$780,000
16.4%
235
2015
$670,000
30.7%
274
2014
$512,500
-
261

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
31 Grange Road
0.07 km
3
1
120m2
Year 2024 Month 05 Day 01
$1,282,000
Council approved
6/5 Grange Road
0.07 km
3
2
95m2
Year 2024 Month 03 Day 28
$735,000
Council approved
0.06 km
3
1
95m2
Year 2024 Month 03 Day 06
$730,000
Council approved
14 Ikara Road
0.12 km
3
2
230m2
Year 2024 Month 02 Day 05
$830,000
Council approved
0.11 km
3
112m2
Year 2024 Month 01 Day 20
$830,000
Council approved

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