3/14 Alpha Street, Papakura, Auckland - Papakura

Introducing a unique opportunity at 3/14 Alpha Street, Papakura, Auckland - Papakura, this residential property is a testament to solid construction and potential. With 2 bedrooms, 1 bathroom, and a floor area of 70m², it's built on a cross-lease land with concrete walls and tile roofing, both in average condition. Dating back to 1970, this home stands on level ground, offering a blend of durability and a canvas for personalization. Despite lacking car parks, its strategic location compensates by being close to essential amenities.

Financially, it's a promising investment, showing a capital value increase from $460,000 in July 2017 to $580,000 in June 2021, marking a 26.09% growth. The HouGarden AVM estimates its value at $567,500. Its last sale was in May 1992 for $75,000, highlighting its long-term value appreciation. This property, now hitting the market after 32 years, is ripe for renovation or investment, offering a chance to enhance its value further.

Education is a priority, and this property does not disappoint. It falls within the zones of Kelvin Road School (decile 1), Papakura Intermediate (decile 1), and Papakura High School (decile 1), catering to all levels of schooling from contributing to secondary (Year 9-15). This location ensures access to educational facilities, making it an ideal choice for families or those planning for the future.