Nestled in the serene cul-de-sac of Pukakaho Lane, Papatoetoe, Auckland, this nearly new freehold property presents an attractive opportunity for both first-home buyers and investors. The residence boasts 3 bedrooms, a well-appointed bathroom, and a single carpark, set upon a floor area of 117sqm on a 102sqm section. Constructed with wood walls and an iron roof in 2023, the property is in a good condition both inside and out. The capital value has shown a promising increase, with the latest government valuation reaching $820,000 as of June 2021.
With a HouGarden AVM of $800,000, the property's latest sale history includes transactions for $700,000 in June 2024 and $617,608 in May 2024, indicating a significant growth percentage in capital value. This is a testament to the property's appeal and investment potential.
For families with school-aged children, the property falls within the zones of several reputable schools, including Kedgley Intermediate, Aorere College, Papatoetoe South School, and Papatoetoe Intermediate, all with a decile rating of 2. The location provides easy access to local amenities, public transportation, and motorways, making it a convenient and sought-after address.
Updated on August 26, 2024