Nestled in a peaceful cul-de-sac at 85 Motatau Road, Papatoetoe, Auckland, this 1985-built residential dwelling on cross-lease title boasts 3 bedrooms, 1 bathroom, and a single carpark. The 80sqm floor area home, with average-condition fibrous cement walls and iron roof, is prime for renovation. The capital value has seen a significant increase of 24.14% from $580,000 in 2017 to $720,000 as of June 2021. The latest sales history shows potential, with sales in 2014 and 2015 at $410,000 and $429,000 respectively. HouGarden AVM estimates the property at $690,000. This address falls within the decile 2 Papatoetoe Intermediate, decile 4 Papatoetoe Central School, and decile 3 Papatoetoe High School zones, making it an attractive prospect for families.
With a blank canvas ready to be transformed, this property invites experienced DIYers, renovators, and builders to unleash their creativity. It's an opportunity to turn this diamond in the rough into a masterpiece. The property is part of a deceased estate and is sold on an 'as is, where is' basis. This is not a project for the faint-hearted but one that promises rewards for those willing to take on the challenge.
For families with school-age children, the property is well-positioned within the sought-after school zones of Papatoetoe Intermediate, Papatoetoe Central School, and Papatoetoe High School, all known for their respective decile ratings and educational offerings.
Updated on April 18, 2024