2/21 Rollerson Street, Papakura, Auckland - Papakura

Located at 2/21 Rollerson Street, Papakura, Auckland - Papakura, this residential dwelling is a true gem with its charming and potential-filled two-bedroom cottage. Built in 1980, the property features a floor area of 90 sqm on a cross-lease section, sharing half of an 829 sqm (more or less) plot. The exterior is constructed of low-maintenance Hardi plank with fibrous cement walls in good condition and an iron roof also in good condition. The property is level, fully fenced, and comes with a heat pump and an internal single garage that includes a separate laundry area. It offers a unique do-up opportunity, with a fresh coat of paint and a new benchtop potentially transforming it into a modern sanctuary.

From a financial perspective, the property has seen a significant increase in capital value, from $510,000 in July 2017 to $690,000 in June 2021, marking a 35.29% increase. The latest HouGarden AVM estimates the property's value at $660,000. It has a history of sales, with transactions recorded at $165,000 in September 2004 and $175,000 in October 2005. This property represents an excellent opportunity for first-time buyers, investors looking to add to their rental portfolio, or those seeking a project to flip.

The property is ideally located within the school zones of Cosgrove School, Kelvin Road School, Papakura Intermediate, and Papakura High School, all of which have a decile rating of 1. Its central location ensures easy access to local shops, supermarkets, public transport, and the main street, making it a convenient and desirable place to live.

Updated on April 04, 2024.