Nestled in the serene Red Hill, 10 Cadiz Place presents a rare opportunity on a quiet cul-de-sac. This freehold property, built in 1980 with fibrous cement walls and tiled roof, boasts 3 spacious bedrooms, a well-appointed bathroom, and a secure single garage. The 98sqm floor area is complemented by a generous 627sqm land, ideal for a family with its mix of suburban tranquility and easy access to amenities. The property has seen a 57.84% increase in Capital Value from $510,000 in 2017 to $805,000 as of June 2021, with a HouGarden AVM of $770,000, indicating a sound investment. This is the first time in 42 years it's on the market, and it's going to auction soon.
With a property contour that offers an easy to moderate fall, the CV growth history and the recent sale records reflect a promising trend. The deceased estate is a must-consider for traders, investors, and first-time homebuyers looking to capitalize on a property with such a significant CV increase.
For families with school-aged children, the property falls within the decile 1 school zones of Papakura Intermediate, Papakura High School, and Redhill School, ensuring top-notch education is within reach.
Updated on October 03, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.25 km | 3 | 1 | 102m2 | Year 2024 Month 11 Day 01 | - | Council approved | |
 | 0.11 km | 2 | 1 | 70m2 | Year 2024 Month 10 Day 08 | $550,000 | Council approved | |
 | 0.23 km | 3 | 1 | 95m2 | Year 2024 Month 08 Day 04 | $804,000 | Council approved | |
 | 0.27 km | 3 | 2 | -m2 | Year 2024 Month 08 Day 01 | $839,000 | Council approved | |
 | 0.26 km | 3 | 2 | -m2 | Year 2024 Month 07 Day 01 | $645,000 | Council approved |