Nestled at 54 Artillery Drive, Papakura, Auckland, is a captivating residential dwelling on a freehold title. This 2005-built home boasts a brick exterior, a tiled roof in good condition, and a levelled property contour. It offers 4 bedrooms, 2 bathrooms, and a generous floor area of 185 square meters on a land area of 527 square meters. The property's capital value has seen a rapid increase, rising from $750,000 in 2017 to $920,000 as of June 2021, indicating a growth rate of 22.67%. The latest sale was recorded at $980,000 in February 2024, showcasing the property's consistent appeal in the market.
As for valuation, the HouGarden AVM estimates the property's worth at $882,500. The government's capital value assessments reflect a promising investment opportunity with a steady appreciation. Moreover, the property is located in a desirable school zone, with Papakura Normal School being a full primary with a decile rating of 3, and nearby Cosgrove School, Papakura Intermediate, and Papakura High School, all with decile ratings of 1, catering to diverse educational needs.
Set in a quiet cul-de-sac, this property not only promises a serene living environment but also convenient access to local amenities and excellent schools. It's a perfect blend of comfort, location, and potential for further value growth, making it an attractive prospect for families and investors alike.
Updated on April 10, 2024