Nestled on a spacious 1209m² section at 21 Greenhaven Avenue, Opaheke, Auckland - Papakura, this 1967-built residential property with a 'Freehold' title offers immense potential. The 109m² floor area is home to 3 bedrooms, and while the bathroom has been modified for wheelchair access, the house does require some tender love and care. The Iron roof is in average condition, as is the wooden exterior. The property, located in a level contour and not in a flood zone, presents an exciting opportunity to benefit from the skyrocketing land prices. History shows a significant increase in the Capital Value (CV), jumping from $620,000 in July 2017 to $1,050,000 as of June 2021, a growth of 69.35%. The HouGarden AVM estimates the property's worth at $975,000. The latest sales were in 1996 for $167,500 and in 1992 for $89,000. Here, you can enjoy the large section and later consider subdividing or adding investment properties. The school network includes Papakura Intermediate and High School, both decile 1, Rosehill Intermediate and College with deciles 3 and 5 respectively, and Opaheke School, a full primary with a decile 4 rating.
Don't miss this chance to secure a property with such a promising CV increase rate, in a sought-after school zone, at under council value!
Updated on May 06, 2024