Nestled in a serene cul-de-sac at 1/20 Ihaka Place, Papatoetoe, Auckland, this residential ownership home unit boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1975 with durable brick walls and tiled roofing, the property is in good condition both inside and out. The 90 square meter floor area is set on level contour, providing a comfortable living space. The home is on a cross-lease title, adding to its unique ownership structure.
Since 2017, the capital value has seen a significant increase of 22.92%, rising from $480,000 to the current $590,000 as per the government valuation. The HouGarden AVM estimates the property's worth at $562,500. The latest sale history is notable, with a transaction in 2024 for $614,500, a substantial leap from the $171,000 sale in 1998.
For families with school-aged children, the property falls within the zones of Puhinui School, a contributing school with a decile rating of 3, Papatoetoe Intermediate with a decile rating of 2, and Papatoetoe High School, a secondary school catering to Years 9-15 with a decile rating of 3.
Updated on October 09, 2024