Nestled on a quiet cul-de-sac at 129 Dominion Road, Papakura, Auckland, this inviting 4-bedroom, freehold property is a renovator's delight. Constructed in 1976 with wood exterior walls and tiled roofing, the house sits on a spacious 724m2 section with an easy/moderate fall contour. The property, with a solid 18-year ownership history, offers a floor area of 116m2 and boasts a capital value (CV) that has seen a rapid increase of 45.16% since 2017, now standing at $900,000. The latest HouGarden AVM estimates the property's worth at $907,500, making it an attractive investment opportunity.
With a CV on the rise and a history of two past sales - $213,000 in 2005 and $147,000 in 1997, this property presents a golden chance for investors. The government valuations reflect the potential in this Mixed Housing Suburban Zoned land. For families, the school network is a significant plus, with Kelvin Road School, Papakura Intermediate, and Papakura High School, all rated decile 1, ensuring quality education for children.
129 Dominion Road is not just a property; it's a promise of a convenient and tranquil lifestyle in the heart of Papakura, close to amenities, parks, and transport links. This is your chance to create your dream home or add to your investment portfolio in a location that's only getting better.
Updated on September 10, 2024