2/15 Winiata Terrace, Papakura, Auckland - Papakura

Located at 2/15 Winiata Terrace, Papakura, Auckland - Papakura, this charming residential dwelling is a perfect start for young families or couples. The property features three bedrooms, one bathroom, and offers a floor area of 80m² on a level contour. Built in the 1980s with fibrous cement walls and an iron roof, both in good condition, it represents a blend of durability and comfort. Despite having no car parks, its cross-lease ownership type underlines a unique property arrangement. The outdoor space, fully fenced and gated, promises a secure and private environment for leisure and potential expansion.

From its last sale in 2014 for $346,700, the property has seen a significant capital value increase to $650,000 by June 2021, marking a 38.3% growth. This is a testament to its appreciating value in the market. The HouGarden AVM estimates its worth at $622,500, indicating a stable investment. The property's capital value has grown from $470,000 in July 2017, showcasing its rapid appreciation and potential for future growth.

The property is situated within the zone of schools all rated decile 1, including Cosgrove School (Contributing), Kelvin Road School (Contributing), Papakura Intermediate (Intermediate), and Papakura High School (Secondary Year 9-15). This offers a range of educational opportunities for families with children of different ages. Its location in a quiet cul-de-sac ensures a peaceful living environment, further enhancing its appeal to young families or couples looking for a serene retreat.

Updated on April 05, 2024.