Nestled in the tranquil cul-de-sac of Otuwairoa Esplanade, this 2-bedroom, 2-bathroom residence on a freehold title boasts a capital value that has surged by 159% since 2017. Constructed with a robust iron roof and fibrous cement walls, this levelled property offers a generous 87sqm of floor area and a 97sqm land size. Enjoy the comfort of a heat pump and the convenience of a location that's not just close to amenities, but also within the zones of esteemed schools. The government's current valuation stands at $700,000, while HouGarden's AVM estimates it at $670,000, making it an attractive investment with a promising growth trajectory.
With a history of solid value appreciation and a recent sale, this property presents a rare opportunity. The capital value increase from $270,000 in 2017 to the current $700,000 is a testament to its desirability. The intermediate and high schools in the area, such as Papakura Intermediate and High School, are decile 1, while Rosehill Intermediate and College are rated at decile 3 and 5 respectively, ensuring quality education for your children.
Part of the allure of this property is its position in the Opaheke School zone, a full primary school with a decile rating of 4. It's a perfect blend of comfort, convenience, and educational opportunity. This home is not just a place to live, but a foundation for a bright future.
Updated on October 22, 2024