Nestled in the heart of Papakura, 2 Busing Avenue offers a charming family home on a generous 911 m2 plot. This freehold property features 3 bedrooms, 2 bathrooms, and a floor area of 134 m2. Built in 1957, the house has wood walls and an iron roof, both in good condition. The level contour of the land and its residential zoning for vacant land multiple housing make it an attractive option for families and investors alike.
From its initial capital value of $730,000 in July 2017, the property has seen a significant increase to $1,075,000 by June 2021, marking a 47.26% growth. The HouGarden AVM estimates its value at $1,057,500. Historical sales data reveals a sale at $685,000 in May 2019, following a sale at $392,000 in December 2012, showcasing the property's steady appreciation over time.
The property is zoned for schools with a decile rating of 1, including Cosgrove School (Contributing), Kelvin Road School (Contributing), Papakura Intermediate (Intermediate), and Papakura High School (Secondary Year 9-15). This makes it an ideal location for families looking for educational opportunities in the Papakura area.
Updated on March 26, 2024.