Nestled in the heart of Papatoetoe's prime real estate, 90 Rangitoto Road is a charming 3-bedroom, freehold property that has seen a rapid capital value increase of 48% since 2017. Constructed in 1930 with wood walls and an iron roof, this home sits on a level 784m2 section with a single carpark. The property, with an average wall and roof condition, offers a floor area of 210m2 and is valued at $1,450,000 as of June 2021, according to the government's CV. The HouGarden AVM estimates it even higher at $1,460,000. The latest sale history shows a transaction at $1,934,000 in August 2024, indicating a high demand for this property in a quiet cul-de-sac.
For families, the school zoning is a significant plus, with Papatoetoe Intermediate and High School, both rated decile 2 and 3 respectively, within easy reach. The property not only promises modern living comforts like air conditioning and polished timber floors but also a serene backyard perfect for entertainment. Its strategic location close to town centers, the train station, and motorway links adds to its appeal.
With potential for development in a mixed housing urban zone, this property is not just a home but also a sound investment. Don't miss the opportunity to secure a piece of the Golden Circle of Papatoetoe real estate.
Updated on September 18, 2024