Nestled in the heart of Papakura, Auckland, this charming 200sqm family residence at 10 Renwick Street boasts 3 bedrooms, 1 bathroom, and is set on a spacious 726sqm freehold site. Constructed in 1964 with solid brick walls and an iron roof in good condition, the property enjoys an easy/moderate rise contour. The capital value has seen a remarkable increase of 58.23% from $790,000 in 2017 to $1,250,000 as of June 2021. The HouGarden AVM estimates the property's worth at $1,200,000, while the latest sale was recorded at $1,075,000 in 2024, following a sale in 1991 at $165,000. Currently appraised at $730 per week in rent, this property offers a golden opportunity for investors and families alike.
With a CV increase that outpaces the market average, this property presents a sound investment. The site has approval for subdivision into two freehold lots, potentially creating a duplex development that adds further value. Its prime location, close to the CBD and train station, only enhances its appeal.
For families with school-aged children, the property falls within the zones of Cosgrove School, Papakura Intermediate, and Papakura High School, all with a decile rating of 1. This combination of location, potential, and school zones makes it an executive family living opportunity not to be missed.
Updated on October 23, 2024
dirección de la calle | distancia | número de dormitorios | número de baños | área de construcción | fecha de venta | precio de venta | fuente de datos | |
|---|---|---|---|---|---|---|---|---|
 | 0.13 km | 2 | 1 | 100m2 | 2024 año 12 mes 13 día | - | Council approved | |
 | 0.09 km | 3 | 160m2 | 2024 año 11 mes 18 día | $892,500 | Council approved | ||
 | 0.17 km | 2 | 1 | -m2 | 2024 año 08 mes 14 día | $470,000 | Council approved | |
 | 0.29 km | 3 | 1 | 139m2 | 2024 año 08 mes 07 día | - | Council approved | |
 | 0.27 km | 2 | 1 | -m2 | 2024 año 08 mes 01 día | $630,000 | Council approved |