Nestled in the serene cul-de-sac of Fairdale Avenue, Red Hill, Auckland - Papakura, this freehold property built in 1976 is a gem waiting to be polished. The 3-bedroom, 1-bathroom residence with a floor area of 95sqm and a land area of 635sqm is a perfect blend of potential and convenience. The fibrous cement walls and tiled roof are in good condition, complemented by an easy/moderate fall contour that adds to the property's charm. The capital value has seen an impressive increase of 80.23% from $430,000 in 2017 to $775,000 as of June 2021. The HouGarden AVM estimates it at $720,000, while the latest sale was in 1995 for $98,000, highlighting a significant appreciation over the years.
For families, the property falls within the decile 1 school zones of Papakura Intermediate, Papakura High School, and Redhill School, ensuring top-notch education for the children. This is not just a home but also a promising investment, whether you choose to renovate or explore development options in this 'residential-mixed housing suburban' zone. With ample street parking, a charming deck, and a BBQ area, it's a fantastic opportunity to transform this fixer-upper into a masterpiece that will reap the rewards of your hard work.
Don't let this chance slip by. The owners are motivated to sell, and it's time for you to turn this property into your crowning achievement. Contact us to view this property today and embark on a journey of renovation and reward.
Updated on May 16, 2024