Nestled in the tranquil Papakura, Auckland, at 29 Tumu Road, lies this charming residential unit on a freehold title. This cozy 2-bedroom, 1-bathroom home, built in 2021 with wood walls and an iron roof in good condition, offers a floor area of 93 square meters on a levelled 126 square meter plot. The property, with no car parks, presents an ideal opportunity for first-home buyers and investors looking for a peaceful start in a new neighborhood.
Since 2017, the capital value has seen a significant increase of 28.8%, reaching $760,000 as of June 2021. The HouGarden AVM estimates the property at $695,000, while the latest sales history shows a sale in 2020 for $635,000 and another in 2019 for $234,360. This indicates a promising investment with a steady growth trajectory.
For families with children, the property falls within the zones of Cosgrove School, Papakura Intermediate, and Papakura High School, all with a decile rating of 1. This quiet cul-de-sac is not only a serene living environment but also an advantageous location for educational opportunities.
Updated on December 06, 2024