Nestled in the heart of Papakura, this residential dwelling at 1/4 Duke Street presents a golden opportunity for renovators. Constructed in 1982 with stone walls and tiled roofing, this cross-lease property offers a functional layout with two bedrooms, a bathroom, a sunroom, and an open-plan living area. The property's capital value has seen a 33.33% increase from $540,000 in 2017 to $720,000 as of June 2021. The HouGarden AVM estimates it at $700,000. With a floor area of 110 square meters, this 'as is where is' property is ripe for modernization. Its prime location is enhanced by being in the zone for Papakura Central School (Decile 4), Rosehill Intermediate (Decile 3), and Rosehill College (Decile 5), with easy access to local amenities and the train station.
History shows a promising trend in the property's value, making it a wise investment. The property's potential is further highlighted by its proximity to New World supermarket and the convenience of central Papakura. This diamond in the rough is waiting to be polished into a sparkling home.
For families with school-aged children, the school network is a significant plus. The property falls within the catchment area of well-regarded schools, ensuring quality education is within reach. This is not just a house; it's a foundation for a vibrant future.
Updated on August 16, 2024