Nestled in the tranquil cul-de-sac of Wahine Street, Papakura, Auckland, lies this exquisite 3-bedroom, 2-bathroom freehold home, built with robust fibrous cement walls and an iron roof. This 110sqm, easy/moderate fall property on a 262sqm section boasts a capital value of $900,000 as of June 2021, and it's a gem for both first-home buyers and shrewd investors. The brand-new duplex townhouse, with its modern kitchen, quality appliances, and open-plan living, offers privacy and comfort with double-glazed windows, a digital door lock, and a security alarm system. The property's value has been increasing steadily, as evidenced by the HouGarden AVM of $837,500, reflecting a promising investment opportunity.
On the valuation front, the property has shown a remarkable growth trajectory, with a notable percentage increase in its capital value over the years. Recent sale history and the government's assessment further solidify the investment potential of this property. The well-maintained building, with a good wall and roof condition, is set against a beautiful reserve view, making it an ideal choice for a modern family.
For families with school-going children, the property falls within the zone of Kelvin Road School, Papakura Intermediate, Papakura High School, and Redhill School, all rated in decile 1. This ensures access to quality education within the community. With easy access to the SH1 motorway and proximity to the amenities of Papakura Town Centre and Takanini village, this property is not just a home but a wise investment for the future.
Updated on May 17, 2024