Nestled in a serene cul-de-sac at 3/87 Station Road, Papatoetoe, Auckland, this residential ownership home unit boasts a charming blend of solid brick construction and tiled roofing. The 2-bedroom, 1-bathroom unit with a single carpark, offers a generous 100sqm floor area, meticulously maintained walls and roof, both in good condition. This cross-lease property, built in 1971, sits on a level contour, providing ease of access and a practical layout with an open plan lounge and dining area. The government's capital value has seen a significant increase from $480,000 in 2017 to $610,000 as of June 2021, reflecting a growth rate of 27.08%. HouGarden's AVM estimates the property at $582,500, while the latest sale history shows a sale in 2017 for $480,000 and an earlier one in 1994 for $73,500.
For families, the property falls within the decile 2 school zones of Kedgley Intermediate, Aorere College, and Papatoetoe West School, ensuring quality education options. This is an ideal opportunity for first home buyers, professionals, and investors seeking a sound investment with the convenience of nearby amenities, transport links, and easy access to the city and surrounding areas.
With the vendors upsizing and a clear instruction to sell, this property presents a compelling case for those looking to secure a piece of the Auckland property market. Act now to arrange a viewing during open homes or for a private appointment.
Updated on April 23, 2024