2/29 South Street, Papakura, Auckland - Papakura

Located at 2/29 South Street, Papakura, Auckland - Papakura, this residential property is a gem for first home buyers, investors, or those seeking an easy-care home. Featuring two bedrooms, one bathroom, and no car parks, this 66m² home sits on a cross-lease land with a floor area of 66m². Constructed in the 1970s with concrete walls and tile roofing, both in average condition, this property offers a level contour and has been fully renovated. Insulation, a heat pump, and HRV system ensure warmth during cooler months, making it a comfortable and beautifully presented home.

From its initial government valuation (CV) of $450,000 in 2017 to $610,000 in 2021, the property has seen a capital value increase of approximately 35.56%. The latest HouGarden AVM estimates its value at $597,500. Historical sales data reveals a sale for $475,000 in September 2017 and a significant jump to $507,000 by July 2020, indicating a strong and growing market interest in this area.

The property is zoned for Papakura Central School (decile 4), Rosehill Intermediate (decile 3), and Rosehill College (decile 5), offering a range of educational options for families. Its location is highly convenient, being just minutes away from supermarkets, shops, schools, public transport, and a variety of cafes, ensuring all your needs are within easy reach.

Updated on March 21, 2024.