10 Cadiz Place, Red Hill, Auckland - Papakura

Nestled in the serene Red Hill, 10 Cadiz Place presents a rare opportunity on a quiet cul-de-sac. This freehold property, built in 1980 with fibrous cement walls and tiled roof, boasts 3 spacious bedrooms, a well-appointed bathroom, and a secure single garage. The 98sqm floor area is complemented by a generous 627sqm land, ideal for a family with its mix of suburban tranquility and easy access to amenities. The property has seen a 57.84% increase in Capital Value from $510,000 in 2017 to $805,000 as of June 2021, with a HouGarden AVM of $770,000, indicating a sound investment. This is the first time in 42 years it's on the market, and it's going to auction soon.

With a property contour that offers an easy to moderate fall, the CV growth history and the recent sale records reflect a promising trend. The deceased estate is a must-consider for traders, investors, and first-time homebuyers looking to capitalize on a property with such a significant CV increase.

For families with school-aged children, the property falls within the decile 1 school zones of Papakura Intermediate, Papakura High School, and Redhill School, ensuring top-notch education is within reach.

Updated on October 03, 2024