Nestled in the serene Papakura, this charming freehold property at 67 Cargill Street boasts 5 bedrooms, 1 bathroom, and a spacious floor area of 94 square meters on a generous land of 713 square meters. Constructed in 1966 with a mix of materials for the walls and tiles for the roof, this home offers both warmth and durability. The property has seen a significant increase in Capital Value, rising from $630,000 in 2017 to $870,000 as of June 2021, indicating a growth rate of 38.1%. The latest sale history showcases a property with appreciating value, sold for $600,000 in 2017 and $345,000 in 2014. HouGarden AVM estimates the property's worth at $835,000, making it an attractive investment opportunity.
For families with children, the property falls within the zone of several schools, including Cosgrove School, Kelvin Road School, Papakura Intermediate, and Papakura High School, all rated at a decile of 1. This indicates a strong educational support network for the family. The property itself is a cozy family home with potential for income, featuring a legal sleepout that could serve as additional living space or a rental unit. The open-plan living areas, double glazing, and a wood burner fireplace make it an ideal winter retreat.
Conveniently located, the property is close to parks, shops, and public transport, with easy access to the Takanini Shopping Centre and Papakura township. Whether you're looking for a family home with income potential or a sound investment, this property demands your attention.
Updated on October 09, 2024