Nestled in the serene environment of 1 Papatahi Lane, Flat Bush, Auckland, this charming freehold property boasts a prime location and a promising investment potential. The three-bedroom residence, with an unknown roof and wall construction, sits on a levelled land area of 474 square meters. It offers the comfort of modern living with a touch of mystery, as the details of its interior and condition are yet to be discovered. The absence of mentioned bathrooms and carparks hints at a unique opportunity for customization.
With a current Capital Value (CV) of $940,000 as of June 2021, the property has shown a substantial growth trajectory. The HouGarden AVM estimates the value at $917,500, reflecting a healthy real estate market in the area. The historical sales data and the increasing CV reflect a promising investment that's only getting better with time.
For families with school-aged children, the property falls within the zone of several well-regarded institutions. Both Ormiston Senior College and Ormiston Junior College, with a decile rating of 7, offer quality secondary education. Te Uho o Te Nikau Primary School, also rated a decile 7, provides a solid foundation for younger learners. This combination of desirable schools adds significant value to the property.
Updated on August 22, 2024