Nestled in the serene Papakura, 8 Holcroft Street presents a stunning freehold property on a level contour. This nearly new, 158sqm residential dwelling boasts a mixed-material exterior, a tiled roof in good condition, and a spacious floor area complemented by 4 bedrooms. The property's capital value has seen a rapid increase of 40%, from $750,000 in 2017 to $1,050,000 as of June 2021, echoing the HouGarden AVM of $1,025,000. The latest sale was recorded at $970,000 in 2021, highlighting the property's consistent growth and appeal. Additionally, the home is equipped with a louvre pergola, perfect for summer entertainment.
From a valuation perspective, the property has demonstrated a strong CV growth trajectory. The recent increase in CV is a testament to the area's desirability and investment potential. The HouGarden AVM provides further confidence in the property's worth, making it an attractive prospect for both homeowners and investors.
For families with children, the property falls within the catchment area of several schools, including Cosgrove School, Kelvin Road School, Papakura Intermediate, and Papakura High School, all rated with a decile of 1. This quiet cul-de-sac offers a safe and nurturing environment for educational development.
Updated on July 19, 2024