59 Kenderdine Road, Papatoetoe, Auckland - Manukau

Located at 59 Kenderdine Road, Papatoetoe, Auckland - Manukau, this unique property offers a blend of family living and income potential. The freehold property spans over a 736 sqm land area with a floor area of 159 sqm, featuring a total of 5 bedrooms and 5 car parks. The main dwelling is constructed with brick and tile, offering 3 bedrooms, a sunroom, renovated interiors, a heat pump, and a ventilation system. The minor dwelling, built with weatherboard, includes 2 bedrooms, 1 bathroom, a heat pump, and a pergola/carport. Both dwellings are fenced, alarmed, and Healthy Home compliant, with separate water and electricity meters.

From a financial perspective, the property has seen a significant increase in capital value, growing from $900,000 in July 2017 to $1,100,000 in June 2021, marking a 22.22% increase. The HouGarden AVM estimates the property's value at $1,082,500. Historically, the property was sold for $218,000 in July 1998 and $110,000 in July 1994. The property is currently generating rental income, with the minor dwelling rented for $530 per week and the main dwelling for $680 per week on a periodic term.

The property is situated within the school zones of Kedgley Intermediate, Aorere College, Papatoetoe South School, and Papatoetoe Intermediate, all of which have a decile rating of 2. This location offers a great opportunity for families looking for educational options in the area.

Updated on March 21, 2024.