This wonderful 3 bedroom property located at 203 Portage Road, Papatoetoe, Auckland - Manukau, offers a unique opportunity for a family home, investment, or future development. Built in the 1950s, the house features a classic 60's style with wood walls and an iron roof, both in average condition. The property sits on a generous 812 square metre, freehold section with a level contour, making it ideal for various uses. It includes 1 bathroom, a separate toilet, and a single freestanding garage, alongside multiple off-street parking options. The floor area of the house is 94 square metres, providing ample space for comfortable living.
The property has seen a significant increase in capital value, from $720,000 in July 2017 to $1,200,000 in June 2021, marking a 66.67% increase. The HouGarden AVM estimates its value at $1,180,000. This growth highlights the property's potential and the opportunity it presents for future development or investment. The auction is scheduled for Wednesday, 21 February 2024 at 62 Highbrook Drive, East Tamaki, offering a chance to secure this promising property.
Education is a priority in this area, with the property being zoned for Kingsford School (decile 1), Papatoetoe North School (decile 2), Kedgley Intermediate (decile 2), and Aorere College (decile 2). These schools provide a range of educational opportunities for children of all ages, making it an ideal location for families. The property's prime location also offers easy access to amenities, including a 6-minute drive to motorway access, 10 minutes to Westfield Manukau, 7 minutes to Middlemore Hospital, and 25 minutes to Auckland CBD.
Updated on March 22, 2024.